Update transaction status
An escrow transaction status changes from a Sent - Awaiting Confirmation status down to a Closed - Disbursement Complete status.
In a case where all parties involved have accepted the transaction and payment is yet to be made, the transaction status is updated to Accepted - Not Funded. Immediately payment is made, the transaction status changes to Accepted - Funded.
Upon product/service is delivered, the seller updates the transaction status to Delivered, which will also be reviewed by the buyer and updated to either Delivered - Accepted or Delivered - Rejected. If rejected, the seller can either request for a date extension or close the transaction and escrowed fund refunded to the buyer. On other hand if accepted the fund would be disbursed immediately.
Updating transaction status
PATCH
https://api.vesicash.com/v2/transactions/update-status
Headers
Name | Type | Description |
---|---|---|
Accept | String | application/json |
V-PRIVATE-KEY* | String | Vesicash private key |
V-PUBLIC-KEY* | String | Vesicash public key |
Request Body
Name | Type | Description |
---|---|---|
transaction_id* | String | The transaction id of the created escrow |
milestone_id* | String | The current milestone id in the transaction |
status* | String | Status of the onngoing milestone transaction |
Last updated