Transactions

A Transactions lifecycle is as follows:

• Pending: The user has initiated the transaction and has been presented with the QR code, but no funds have been confirmed. The platform continuously monitors the blockchain for payments to the address shown to the user. When a payment is found, it will be set as the TxID property.
• Confirmed: The transaction has been confirmed at least 6 times. The value displayed in the app will be applied to your confirmed balance. If a balance was confirmed at the address, but it was less than the amount required to complete the transaction after 6 hours, the transaction will still be set to Confirmed. These funds will be credited to your confirmed balance, but the user will not be able to proceed in the checkout process.
• Paidout: The value of this transaction has been withdrawn (see Payouts below).