Understanding the workflow of onramp
Payments go through a series of statuses throughout the workflow.
| Status | Status Type | Description |
|---|---|---|
| initiated | Intermediate | A order has been created on TransFi end, and waiting for the user to complete the payment. |
| fund_processing | Intermediate | User has submitted the payment details, and waiting for the partner to confirm the payment receipt. |
| fund_settled | Intermediate | Payment has been successfully received to TransFi. |
| fund_failed | Terminal | Payment is not received by TransFi or reverted back to end user due to incorrect information while paying in or compliance checks. |
| asset_processing | Intermediate | Once the payment is received by Transfi, the stablecoin transferred is initiated to the wallet address. |
| asset_settled | Terminal | The stable coin is successfully transferred to the provided walletAddress. |
| asset_deposited_failed | Terminal | The stable coin transfer has failed |
Updated 1 day ago