What do the payment statuses mean?
Scheduled – the payment is scheduled to be made; Processed – the payment is being processed, which can begin up to four days before the payment date is actually scheduled, and no changes can be made; Canceled – you canceled the payment; Failed – the payment was returned because there was a problem when the funds were scheduled to be deducted from your checking account or the account information was not sufficient to credit your payee account.
