Transaction Overview with Perl
The processor authorized the transaction. Your customer may see a pending charge on his or her account. However, before the customer is actually charged and before you receive the funds, you must submit the transaction for settlement. If you do not want to settle the transaction, you should void it to avoid a misuse of authorization fee.
The transaction spent too much time in the Authorized status and was marked as expired. American Express authorizations will be marked as expired after 7 days. Visa and Mastercard authorizations will be marked as expired after 10 days. All other authorizations will be marked as expired after 30 days.
The processor declined the transaction. The processor response code has information about why the transaction was declined.
An error occurred when sending the transaction to the processor.
The transaction was voided. You can void transactions when the status is authorized or submitted for settlement. After the transaction has been settled, you will have to refund the transaction instead.
Submitted for Settlement
The transaction has been submitted for settlement and will be included in the next settlement batch. Settlement happens nightly — the exact time depends on the processor.
The transaction is in the process of being settled. This is a transitory state. A transaction cannot be voided once it reaches settling status, but can be refunded.
The transaction has been settled.
The transaction will be held in Escrow once Settled.
Held in Escrow
The transaction has settled and is now held in Escrow and eligible to be Released.
The transaction being held in Escrow will be released and disbursed shortly.
The transaction that was being Held in Escrow has been released.
Refunded from Escrow
The transaction that was being held in Escrow has been refunded. Only full refunds are allowed for Escrow transactions.