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What does each status of a regular payment mean?

mean payment regular Status
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What does each status of a regular payment mean?

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• “Active” status indicates the regular payment is active/valid for the account and will be debited on the next defined payment date. • “Cancelled” status indicates the regular payment has been cancelled by the customer, or at the customer’s request. • “Expired” status indicates the regular payment has matured or reached the final payment date.

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