I would be pleased to know what is the webhook event fired by Paypal when, during a subscription, a payment fails (not at the subscription creation but at its renewal).
Thank you.
BILLING.SUBSCRIPTION.PAYMENT.FAILED
The most straightforward solution is to simply base all logic on PAYMENT.SALE.COMPLETED
. If you don't receive one on time for a subscription, then it has lapsed.
Adding a custom_id
when a subscription is first created can be useful for reconciliation.