Credit deducted and merchant receipt are separate GGives payment checkpoints

Several public users reported that GGives showed success, reduced available credit or created a loan while the merchant had not yet recorded payment. Outcomes differed: one recent grocery case was unresolved at the next-day update, while an older cancelled-order case later reported that the loan/refund state reflected after a couple of days. The checkpoints are checkout submitted → GGives loan created → funds credited to merchant channel → merchant records receipt → any cancellation or refund is applied back to the loan. Sources: Reddit · Official terms. Merchant receipt and loan creation should not be treated as the same event.