Quick Guides

Quick guides help developers get started quickly. You’ll find step-by-step instructions to integrate Ramp APIs, from setting up authentication to processing transactions.

Transaction Dynamics on Ramp

Understanding how transactions flow through the Ramp platform is crucial for effective integration and troubleshooting. This guide outlines the lifecycle of a transaction, from initiation to completion, and highlights key statuses and webhook events.

1. Transaction Lifecycle

Every transaction on Ramp follows a structured process:

• Initiation: A transaction begins when a user initiates a payment through your application or website.
• Processing: Ramp processes the payment, interacting with relevant financial institutions or payment gateways.
• Completion: The transaction concludes with a definitive status indicating success, failure, or pending state.

2. Transaction Statuses

Ramp categorizes transaction outcomes into distinct statuses:

• Successful: The transaction was completed without issues.
• Pending: The transaction is in progress and awaiting confirmation.
• Failed: The transaction could not be completed due to an error.
• Cancelled: The transaction was intentionally terminated before completion.
• Refunded: The transaction amount was returned to the payer.
  

Understanding these statuses helps in monitoring transaction outcomes and implementing appropriate business logic.

3. Webhook Notifications

Ramp utilizes webhooks to notify your system about transaction events:

• Transaction Created: Triggered when a new transaction is initiated.
• Transaction Updated: Triggered when there’s a change in the transaction status.
• Transaction Completed: Triggered upon successful completion of a transaction.
• Transaction Failed: Triggered when a transaction fails.
  

Ensure your webhook endpoint is configured to handle these events appropriately. Refer to the Webhook Setup Guide for detailed instructions.

4. Best Practices

• Idempotency: Implement idempotent operations to handle duplicate webhook events gracefully.
  
• Logging: Maintain logs of all transaction events for auditing and troubleshooting.
  
• Security: Verify the authenticity of webhook events using Ramp’s provided signatures.
  

By adhering to these practices, you can ensure a robust and reliable transaction handling mechanism within your application.