Understanding the workflow of a payment

Payments go through a series of statuses throughout the workflow.

Fiat-payin statuses:

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	Terminal	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.

Crypto-payin statuses:

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