Understanding the workflow of Ramp orders
Onramp payments go through a series of statuses throughout the workflow.
| Status | Description |
|---|---|
| initiated | A order has been created on TransFi end, and waiting for the user to complete the payment. |
| fund_processing | User has submitted the payment details, and waiting for the partner to confirm the payment receipt. |
| fund_settled | Payment has been successfully received to TransFi. |
| fund_failed | Payment is not received by TransFi or reverted back to end user due to incorrect information while paying in or compliance checks. |
| asset_deposited | TransFi has initiated the crypto to the user's wallet address |
| asset_settled | User has received the crypto and the blockchain transaction hash is generated |
| expired | User hadn't completed the payment in 12 hours. |
Offramp payments go through a series of statuses throughout the workflow.
| Status | Description |
|---|---|
| initiated | A order has been created on TransFi end, and waiting for the user to complete the payment. |
| asset_settled | TransFi has received the crypto from user's wallet address |
| fund_processing | User has submitted the payment details, and waiting for the partner to confirm the payment receipt. |
| fund_settled | Payment has been successfully received to TransFi. |
| fund_failed | Payment is not received by TransFi or reverted back to end user due to incorrect information while paying in or compliance checks. |
| expired | User hadn't completed the payment in 4 hours |
Updated about 1 year ago