What is the ACH transaction flow for Paya Connect?
an ACH may take 2-5 days for the transaction to settle, below is the flow chart and the status meanings.
|ACH transaction has been initiated. Money has not moved at this stage.|
|Originated||The transaction is in process but has not been funded/settled yet.|
|Declined||Transaction not approved. It could be due to a velocity error (attempt to process a transaction over the allowed limit).|
|Voided||Transaction voided. The money will not be moved or settled.|
|Settled||Transaction completed and funded.|
|Transaction charged back. Could be due to insufficient funds, closed account, etc.|
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