When does a payment status change from Released (RL) to Paid (PD)?

Payments move to Released (RL) status the moment they are successfully released to a payment provider. When the payment moves to Paid (PD) status depends on the specific payment provider. 

Paid (PD) status indicates that the payment is ready to be exported to your ERP. This status does not always indicate that the payment was processed by the vendor. For more information on payment processing/settlement times, check out our article here.  If you have questions about a specific payment provider, please reach out to your Customer Success Manager.

Payment status change timelines for payment providers

Repay

REPAY Cheque/ACH/VCC payments move to Paid (PD) status immediately after release. The Payment State field shows the progress of the payment. You can find out more about REPAY Payment States here.

Nvoicepay

Nvoicepay payments move to Paid (PD) status within 30 minutes of the payment being released.

Versapay

Versapay EFT payments move to Paid (PD) status once Versapay confirms the payment is deposited in the vendor's bank account. 

SmartPayables

SmartPayables EFT payments move to Paid (PD) status once the cheque is mailed to the vendor. 

Cambridge

Cambridge Wire/EFT payments move to Paid (PD) status immediately after release.