Understanding the workflow of fiat payouts
Fiat Payouts go through a series of statuses in the payout workflow.
| Status | Status Type | Description |
|---|---|---|
| initiated | Intermediate | A order has been created on TransFi end |
| fund_processing | Intermediate | We are waiting for confirmation of receipt of transfer of funds from the bank or local partner. |
| fund_settled | Terminal | We have received the confirmation that funds have been successfully transferred |
| fund_failed | Terminal | The payout has failed and any prefunding deducted will be moved back to the balance. |
Updated 19 days ago