DEPOSIT STATUS ( PENDING, FAILED, SUCCESSFUL)

Deposit can have one of three different statuses. It can either be Pending, Successful or  Failed.

• Pending: This is the initial status of a transfer immediately it is made. It is a temporary status that usually changes within seconds to "Successful" or in some cases "Failed".
  
  
• Successful: This is the status of transfer that has been completed successfully. 
  
  
• Failed: This is the status of a deposit transaction that was unable to be completed for one reason or the other. This could be an issue with the financial institution or network provider  error while processing the deposit.