New States for Transactions

[richardnbanks]

Hello!

TradeSafe is pleased to announce that we are introducing three new states to our transaction management system in our API. These states will provide more granular control and visibility over the transaction process, allowing for better error handling, user experience and reporting.

The following states have been added:

• PAYMENT_PENDING: This state represents that the payment process has been initiated but not yet completed. It's useful for tracking transactions that are in the process of being paid.

• ABANDONED: This state indicates that a transaction was initiated but was not completed by the user. This could be due to various reasons such as the user navigating away from the payment page or closing their browser.

• PAYMENT_FAILURE: This state signifies that the payment process was initiated but failed due to some reason. This could be due to insufficient funds, network errors, or any other issues that might occur during the payment process.

These new states should have little to no impact on current workflows however additional callback notifications will be sent for these new states.

Currently only transactions created on the sandbox will use these new states and we expect to rollout this change to production in the coming weeks once testing is complete.

If you have any questions or queries please let us know.

The TradeSafe Team