Understanding the workflow of payout transfer.
Payments go through a series of statuses throughout the workflow.
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Fiat-Payout statuses:
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. -
Crypto-payout statuses:
Status Description initiated A order has been created on TransFi end and has initiated the crypto to the user's wallet address asset_deposited User has received the crypto and the blockchain transaction hash is generate
Updated 5 months ago