Unpaid Invoice Status After Payment Submitted


This article provides a guide for 'UNPAID' invoice status after payment submitted successfully.

Unpaid Invoice Status After Payment Submitted

With some payment methods, the payment provider may provide a "Payment Successful" response, and the Rad Web Hosting invoice status remains "Unpaid". This commonly occurs when paying with cryptocurrencies, as we require at least 3 confirmations (6 confirmations required for Bitcoin payments).

Unpaid Invoice Status After Payment Submitted

Cryptocurrency Block Confirmation

Each additional confirmation is a new block being found and added to the end of the blockchain.

Miners create blocks by solving the proof of work for their proposed block. The block interval has an average of 10 minutes but not every block interval is exactly 10 minutes. It follows a statistical process known as a poisson process, where random events happen with the same probability in each time interval. Another way of expressing this is that the mining process has no memory, at every second a block has the same chance of being found. Poisson processes are well-understood but can be unintuitive.

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