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What is the definition of each payment status displayed on the Transaction History page?

April 26, 2017definition History page payment Status transaction

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What is the definition of each payment status displayed on the Transaction History page?

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Below is a definition of each payment status that may appear under the heading ‘Status’ on the Transaction History page: • Scheduled: Payment scheduled for a future date. • Cancelled: Payment cancelled by user. • Approved: Payment passed initial approval and has been sent to bank or financial institution for processing. The status of the payment may still change to Rejected or Returned. • Returned: Payment was returned by financial institution (e.g. NSF). • Pending: Payment being prepared for submission to bank or financial institution. • Aborted: Recurring payment was cancelled by the system because no payment is required. • Rejected: Unable to complete payment because the bank or financial institution account number provided did not pass validation.