Life Cycle

Learn about the life cycle of a transfer made from a physical account.

The figure below shows the life cycle of a transfer from a physical account.

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Transfers from Physical Account Life Cycle

The table below describes the different statuses in the life cycle of a transfer made from a physical account.

StatusDescription
OTP Required
(otp_required)
The Create Transfer API call was successfully made and an OTP was sent to the account holder’s mobile number.

At this stage, the transfer request has not yet been sent to the bank for processing and no money has been debited from the debit account.
Success
(success)
OTP has been successfully verified.

At this stage, the transfer request is sent to the bank for processing.

Check the account statements to know if money has been debited from the debit account.
Failed
(failed)
OTP verification failed and the transfer was canceled.

OTP verification can fail because:
  • An invalid OTP was entered 3 times.
  • There was an attempt to resend the OTP a 4th time.