Product
Paya Connect
Paya ACH
Description
ACH may take 2-5 days for a transaction to settle, below is the flow chart and the status meanings:
Resolution
Transaction Status |
Definition |
Pending Origination/Originating | The ACH transaction has been initiated and the funds have not yet moved. |
Originated | The transaction is in process but has not been funded/settled yet. |
Declined | The transaction is not approved and it could be due to a velocity error (attempt to process a transaction over the allowed limit). |
Voided | The transaction has been voided and the funds will not be moved or settled. |
Settled | The transaction was completed and funded. |
Charged Back | The transaction was charged back and could be due to insufficient funds, closed account(s), etc. |
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