E-financing Status life cycle

Status life cycle of a e-Financing subscription

Statuses definition:

• INITIALIZED: Subscription has been initialized by financial institution

• PRE_ACCEPTED: Subscription pre-accepted pending KYC, contrat signature and final acceptation by financial institution

• ACCEPTED: Subscription accepted by financial institution

• REJECTED: subscription rejected by financial institution

• ABORTED: subscription has been aborted due to technical incident or user abort

• CANCELLED: subscription cancelled by financial institution or e-buyer

Status life cycle:

Detail of sub-statuses

Status	Sub-statuses	Comment
INITIALIZED	SUBSCRIPTION IN PROGRESS	E-buyer initiate the subscription and is fulfilling its e-financing journey
PRE-ACCEPTED	SUBSCRIPTION PRE-APPROVED BY PRODUCER WAITING FOR CONTRACT SIGNATURE	E-buyer complete e-financing journey and get pre-approval from producer. Next step is contract signature.
PRE-ACCEPTED	CONTRACT SIGNED BY CUSTOMER	Contract signed by e-buyer
ACCEPTED	SUBSCRIPTION APPROVED BY PRODUCER	Producer accepted e-financing directly (split payment only)
ACCEPTED	WAITING FOR THE DELIVERY CONFIRMATION	Producer accepted e-financing. Next step is delivery to be confirmed by merchant (credit only).
ACCEPTED	AWAITING PAYMENT TO MERCHANT	Delivery has been confirmed by merchant and producer will fund the merchant (credit only).
ACCEPTED	PAYMENT HAS BEEN ISSUED TO MERCHANT	E-financing has been funded (credit only).
REJECTED	SUBSCRIPTION REJECTED BY PRODUCER	Subscription has been rejected by producer (payment or credit rejected).
ABORTED	ABORTED BY CUSTOMER	E-buyer aborted its e-financing journey or its session expired.
ABORTED	ABORTED DUE TO TECHNICAL ISSUE	A technical issue has been encountered during e-financing journey.
ABORTED	EXPIRED	Subscription has been automatically aborted by producer because it has not changed since 3 months (this delay could depend on producer rules)
CANCELLED	CANCELLED BY CUSTOMER	E-financing subscription has been cancelled by customer (withdrawal period) or by merchant on behalf of e-buyer (cancellation full ou partial of delivery).