> ## Documentation Index
> Fetch the complete documentation index at: https://developer.tazapay.com/llms.txt
> Use this file to discover all available pages before exploring further.

# New Collect Statuses for Reversals

**Release type:** Enhancement (Backward-compatible)

**Applies to:** Collection Accounts — Collects, Refunds

## Summary

Collects that fail and need their funds returned now move to two new statuses, `reversal_initiated` and `reversed`. Tazapay initiates the return as a [refund](https://developer.tazapay.com/getting-started/core-concepts/refund/overview.md), and the collect moves to `reversed` once that refund succeeds.

## What's new

* Two new collect statuses: `reversal_initiated` and `reversed`.
* Two new webhook events: `collect.reversal_initiated` and `collect.reversed`, both on by default.
* Two valid status paths: `failed` → `reversal_initiated` → `reversed`, and `failed` → `reversed`. `reversal_initiated` is optional.
* Subscribe to `collect.reversed` to know when the funds are back with the source.
* Stablecoin refunds now include a `tracking_details` object with the on-chain details of the refund transfer.

## Relevant Links

1. [Collect State Machine](https://developer.tazapay.com/api-reference/tazapay-api/collect-state-machine.md)
2. [Collect Webhooks](https://developer.tazapay.com/api-reference/tazapay-api/collect-webhook.md)
3. [Reversals](https://developer.tazapay.com/collection-accounts/incoming-payments/reversals.md)
4. [Refunds](https://developer.tazapay.com/getting-started/core-concepts/refund/overview.md)
5. [Quickstart](https://developer.tazapay.com/collection-accounts/overview/quickstart.md): reversal note and production checklist


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