The payment lifecycle defines how a transaction progresses from initiation to settlement, including possible paths such as authorization, capture, refund, or void.

Each stage is determined by the transaction type (paymentType) and the status transitions returned by the system.

Understanding these states is essential for:

• Tracking the movement of funds.
• Knowing when to fulfill an order.
• Handling failures and cancellations.
• Reconciling settlement batches.

Payment Statuses

A payment status represents the current state of the funds. Every transaction, regardless of type, moves through a predictable set of statuses: