Understanding the workflow of a prefund

Payments go through a series of statuses throughout the workflow.

  1. Fiat-prefund statuses:

    StatusStatus TypeDescription
    initiatedIntermediateA order has been created on TransFi end, and waiting for the funds to be sent.
    fund_processingIntermediateCustomer has submitted the payment details, and waiting for the partner to confirm the payment receipt.
    fund_settledTerminalPayment has been successfully received to TransFi.
    fund_failedTerminalPayment is not received by TransFi or reverted back to customer due to incorrect information while paying in or compliance checks.
  2. Crypto-prefund statuses:

    StatusDescription
    initiatedA order has been created on TransFi end, and waiting for the user to complete the payment
    asset_settledTransFi has received the crypto from user's wallet address