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Transaction Statuses Explained

Understand what each transaction status means.

2 min readUpdated: 1/25/2026

Transaction Statuses Explained

Here's what each status means for your transactions.

Status Definitions

✅ Completed

The transaction is finished successfully.

  • Money has been sent or received
  • No further action needed
  • Receipt available

⏳ Pending

The transaction is being processed.

  • Money has left your account but hasn't arrived yet
  • Or incoming money is being verified
  • Usually completes within the expected timeframe

🔄 Processing

We're actively working on your transaction.

  • Bank is processing the transfer
  • Additional verification in progress
  • Check back soon for updates

⚠️ Action Required

Something needs your attention.

  • Additional verification needed
  • Payment method issue
  • Security check required

Check your email or notifications for details.

❌ Failed

The transaction couldn't be completed.

  • Payment was declined
  • Recipient details incorrect
  • Technical issue occurred

Any money debited will be refunded automatically.

↩️ Refunded

The transaction was reversed.

  • Original payment returned
  • Initiated by you or the merchant
  • Check refund status for timing

🚫 Cancelled

The transaction was stopped before completion.

  • Cancelled by you
  • Cancelled by recipient
  • Expired before completion

How Long Each Status Lasts

| Status | Typical Duration |

|--------|------------------|

| Pending | Minutes to days (depends on type) |

| Processing | Up to 24 hours |

| Action Required | Until you respond |

| Completed | Permanent |

| Failed | Permanent |

What to Do

Transaction Stuck on Pending?

  • Wait for the expected delivery time
  • Check for any required actions
  • Contact support if it's overdue

Transaction Failed?

  • Check the failure reason
  • Verify recipient details
  • Try again with correct information
  • Money is automatically refunded

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