# Payments

A payment is a crucial component of the Inqud system. Within the realm of crypto acquiring, it signifies an actual blockchain transaction that has been broadcast to a crypto address managed by Inqud.

## Payment statuses:

**PENDING**: This status indicates that an incoming blockchain transaction has been identified by the system, but it is still awaiting processing.

**FAILED**: This status signifies that the processing of an incoming blockchain transaction has concluded, but with an unsuccessful outcome.

**SUCCESS**: This status denotes that an incoming blockchain transaction has been processed successfully, and the corresponding amount has been credited to the merchant's Inqud account balance.