Skip to main content

Transaction Statuses Explained

Here is what each transaction status means on Breet.

Pending

  • Withdrawals: A Pending withdrawal is queued and awaiting processing.

  • Crypto-to-Cash: Bitcoin, Litecoin, and Dogecoin stay Pending until they reach at least 3 confirmations. Other crypto wallets skip this state. Once the crypto lands on Breet, it completes automatically.

  • Crypto Invoices: An expired invoice can also show as Pending. It only needs to be reactivated. See What do the different crypto swap statuses mean?.

Processing

A transaction is Processing while it's actively in progress or being confirmed.

  • Crypto Invoices: The invoice is being paid. A partially paid invoice stays Processing until the full amount arrives.

  • Withdrawals: The payment left Breet but is delayed by a bank network issue or NIBSS downtime. Breet keeps retrying until it succeeds.

Successful

The transaction completed successfully. This applies to every feature on the app.

Unsuccessful

A transaction is marked Unsuccessful when it wasn't initiated or didn't complete properly.

  • Crypto-to-Cash: Unsuccessful means it failed verification or came in below the minimum required amount.

  • Crypto Invoices: Unsuccessful means Breet deleted the invoice for inactivity, or it expired.

  • Withdrawals: Shown as "Rejected." A rejected withdrawal returns the amount to your Breet balance automatically.

Flagged

A transaction is marked Flagged when Breet needs extra verification before it can proceed.

  • Crypto Invoices: Crypto-to-Cash: A flagged crypto transaction means the amount sent is below the minimum required for trading. Resolve it by topping up to the minimum or paying a small resolution fee.

  • Top-Up: A flagged top up means the payment came from a third-party account, or from a bank account not linked to your BVN. This will automatically be sent back to the sender's account.

Failed
A transaction is marked as Failed if it could not be completed due to an error or timeout.

  • Bill Payments: If a bill payment does not go through, the amount is reversed to your wallet.

  • Crypto Swap: A swap will fail if no deposit is made within the 15-minute countdown.

  • Crypto Invoices: An invoice will fail if the payer taps "Pay Now" but does not complete the payment within 30 minutes.

Awaiting Deposit

  • Crypto Swap: The exchange has been initiated and Breet is waiting for you to send the coin to the provided address. For example, if you are exchanging Ethereum for Bitcoin, deposit your Ethereum to the address shown.

Confirming Deposit

  • Crypto Swap: Your deposit has been spotted on the network. Breet is waiting for the required number of confirmations. This typically takes a few minutes.

Exchanging

  • Crypto Swap: Your deposit has been confirmed. Breet is currently exchanging the coins, connecting to multiple exchanges to get you the best available rate.

Sending

  • Crypto Swap: The exchange is complete. The receiving coin is being sent to your recipient address.

Expired

  • Crypto Swap: No payment was received during the validity period set by the creator. The payment link is no longer active. To reactivate it, open the invoice in the app and tap "Reactivate". Reactivated invoices work like new invoices and can be used to receive payment again.

Partially Paid

  • Crypto Swap: The payer sent less than the required amount. You can either close the invoice and accept the partial payment, or allow the system to generate a new invoice for the remaining balance.
    ​


​

Did this answer your question?