paymentstatus

Payment status is a label used by payment processing systems to indicate the current state of a payment. It is typically stored as a field in a transaction record or as part of an API response and is essential for order management, accounting, and customer communication. In software interfaces, this concept may be named payment_status, paymentStatus, or paymentstatus depending on naming conventions; the value is the same concept. The status reflects events from the payment network, gateway, and bank, and may evolve as a payment progresses through authorization, capture, settlement, and possible actions such as refunds or reversals.

Common statuses include pending, authorized, captured (or completed), failed, cancelled, refunded, partially refunded, settled, reversed, charged back, and disputed. Some gateways differentiate between authorization and capture, while others use a single status that updates with events. A payment may transition through multiple statuses before reaching a final state, and some statuses can be transient (for example pending while waiting for bank authorization).

Systems typically rely on status updates via real-time callbacks (webhooks) or polling. A reliable implementation records a status history and uses the latest status for business logic, cash flow reporting, and customer notifications. For reconciliation, organizations should map statuses to revenue recognition rules and ensure consistency across platforms (website, ERP, and payment provider).

Security and privacy considerations include avoiding exposure of sensitive data in status messages, securing webhook endpoints, and complying with applicable standards such as PCI DSS. Users are often informed of payment status via order confirmation pages or emails, while refunds and disputes may update the status accordingly.