What it does
- Confirms that a previously submitted payment has been received and verified
- Logs the payment confirmation for audit and recordkeeping
- Advances the loan status in the payment lifecycle
When to use it
- After verifying a payment via blockchain event or payment gateway
- To ensure that the payment tied to a specific reference ID is officially recorded
- Before moving forward with next steps like closing the loan or triggering payment-related notifications
Request Body
The request body must include the loan identifier and the payment reference ID:-
loanId: The unique identifier of the loan. -
refId: The reference ID used in the original repayment transaction (loan-repay).
Response
- Returns a success confirmation with the blockchain transaction hash: