FINTECH EDUCATION FOR A MORE OPEN FINANCIAL WORLD

Understand what happens at each stage of a digital payment.

Follow a payment from initiation to result and learn where data and verification fit.

Explore the flow

PAYMENT LIFECYCLE

One payment passes through connected stages

Each stage has its own role and timing.

Initiate

This explainer places payment initiation concepts within payment requests and st…

Validate

This explainer places authorisation and validation roles within payment requests…

Route

This explainer places payment status semantics within payment requests and statu…

Process

This explainer places failure and retry literacy within payment requests and sta…

PAYMENT STATUS GUIDE

What can a payment status tell us?

A status reports one stage of an event; it is not every piece of evidence.

Processing

Review

Handling

Complete

Failed

ECOSYSTEM

Who participates in a payment journey

Payer

Provider

Network

Recipient

VERIFICATION LAYERS

Verification helps reduce errors

Identity

Data

Risk

Rules

Confirm

SCENARIOS

See the journey in different scenarios

View all

A conceptual card payment with intermediate status

A duplicate request and why idempotency matters

An unexpected pending state that requires verification

INSIGHT LIBRARY