Direct Debit Collections can be in the following statuses:
|The bank has declined the Direct Debit collection. The
reason_description values will offer insight into the cause of this decline.
|The Direct Debit Collection has been generated within Acquired's systems but has not yet been forwarded to the schemes.
|The processing of the collection has been completed.
|The Direct Debit collection has been sent to Bacs and will be processed successfully within 2 working days.
In Direct Debit, it's assumed that all collections are successful unless reported otherwise. Therefore, collections initially move from
success status. If a payment fails, the status will be updated to
Updated 16 days ago