A payment follows a life cycle in which its status changes according to its processing.
Draft: The initial stage where a payment is created but not yet sent. Payments in draft status can be edited or saved for future completion.
Approval: The phase when a payment is submitted for authorization. Approval is required before the payment proceeds.
In Process: The status indicates that the payment is being initiated. During this stage, the SendGrant is executing the necessary steps to fulfill the payment.
Paid: The final status confirming that the payment has been successfully processed and the funds have been transferred to the designated receiver.
Rejected: Occurs when a payment is not approved by the designated approver. The payment will not be initiated.
Failed: Indicates an unsuccessful attempt to process the payment. This status often results from issues such as insufficient funds, invalid information, or other specified reasons.
Canceled: The intentional termination of a payment before it is fully processed. Canceled payments typically return any funds to the payer.