Understanding the workflow of Swap Transfers
Payments go through a series of statuses throughout the workflow.
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Fiat swap transfers
Status Status Type Description initiated Intermediate A order has been created on TransFi end, and waiting for the user to complete the payment. fund_deposited Intermediate User has submitted the payment details, waiting for the partner to confirm the payment receipt. fund_deposit_failed Terminal Payment is not received by TransFi or reverted back to end user due to incorrect information while paying in or compliance checks. fund_processing Intermediate Once the payment is received by Transfi, payout to destination has been initiated. fund_settled Terminal The fiat amount is successfully transferred to the provided destination details. fund_failed Terminal Transfer to destination has failed.
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Crypto swap transfers
Status Status Type Description initiated Intermediate A order has been created on TransFi end, and waiting for the user to complete the payment. asset_deposited Intermediate Payment has been successfully received to TransFi. asset_processing Intermediate Once the payment is received by Transfi, payout to destination has been initiated. asset_settled Terminal The crypto amount is successfully transferred to the provided destination details. asset_settle_failed Terminal Transfer to destination has failed.
Updated 8 days ago