Payments statuses

Payments statuses are an essential information to manage in your payment lifecycle.

To get paid with Bridge, you create a payment link. In the world of payments, tracking and managing payment statuses is crucial to ensure a seamless payment lifecycle. With Bridge API, you gain insights into the status of your payments through three key components:

1. Payment Link serves as a payment session, allowing customers to make his payment as long as the link remains active. Payment links provide a convenient and flexible way for your customers to initiate payments.
2. Payment Request is the initiation of a bank payment with one of our Open Banking providers. When a customer attempts to make a payment through their bank using a Payment Link, a Payment Request is generated for the selected bank. When a customer attempts to make a manual transfer, no payment request is created.
3. Payment Account Transaction is the received transaction on your payment account. Regardless of the payment method used, whether it's an open banking transfer or a manual transfer, a payment account transaction is created when the money is received on the payment account.

Depending on the payment type and state, these three components are reconciled together.

In summary:

• Payment Link: A payment session that remains active for as long as needed.
• Payment Request: The initiation of a bank payment, which can result in either a successful or unsuccessful payment.
• Payment Account Transaction: For a successful payment, the received transaction on your payment account.