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How payments work
Learn about the status and lifecycle of Payments
When the Payment is created, it has a status of
requires_payment_methoduntil a payment method is attached.
We recommend creating the Payment as soon as you know how much you want to charge, so that MoneyCollect can record all the attempted payments.
After the customer provides their payment information, the Payment is ready to be confirmed.
In most integrations, this state is skipped because payment method information is submitted at the same time that the payment is confirmed.
Once required actions are handled, the Payment moves to
processing. While for some payment methods (for example, cards) processing can be quick, other types of payment methods can take up to a few days to process.
A Payment with a status of succeeded means that the payment flow it is driving is complete.
You may cancel a Payment at any point before it is