diff --git a/src/core/status/form-status.enum.ts b/src/core/status/form-status.enum.ts
new file mode 100644
index 0000000..5d3c048
--- /dev/null
+++ b/src/core/status/form-status.enum.ts
@@ -0,0 +1,5 @@
+export enum FormStatus {
+  undefined = 'undefined',
+  pending = 'pending',
+  active = 'active',
+}
diff --git a/src/features/headless-checkout/headless-checkout.spec.ts b/src/features/headless-checkout/headless-checkout.spec.ts
index 69d8bb4..6ef246e 100644
--- a/src/features/headless-checkout/headless-checkout.spec.ts
+++ b/src/features/headless-checkout/headless-checkout.spec.ts
@@ -6,6 +6,7 @@ import { Message } from '../../core/message.interface';
 import { Handler } from '../../core/post-messages-client/handler.type';
 import { LocalizeService } from '../../core/i18n/localize.service';
 import { getFinanceDetailsHandler } from './post-messages-handlers/get-finance-details.handler';
+import { FormStatus } from '../../core/status/form-status.enum';
 
 const mockMessage: Message = {
   name: EventName.initPayment,
@@ -189,4 +190,24 @@ describe('HeadlessCheckout', () => {
     await headlessCheckout.getUserBalance();
     expect(spy).toHaveBeenCalled();
   });
+
+  it('Should have correct form status', async () => {
+    expect(headlessCheckout.form.getStatus()).toEqual(FormStatus.undefined);
+
+    spyOn(postMessagesClient, 'send').and.callFake(async (msg, callback) => {
+      await Promise.resolve().then(() => callback(msg));
+      return Promise.resolve(undefined);
+    });
+
+    const formInitPromise = headlessCheckout.form.init({
+      paymentMethodId: 1380,
+      returnUrl: '',
+    });
+
+    expect(headlessCheckout.form.getStatus()).toEqual(FormStatus.pending);
+
+    await formInitPromise.then();
+
+    expect(headlessCheckout.form.getStatus()).toEqual(FormStatus.active);
+  });
 });
diff --git a/src/features/headless-checkout/headless-checkout.ts b/src/features/headless-checkout/headless-checkout.ts
index 3787733..c22ba90 100644
--- a/src/features/headless-checkout/headless-checkout.ts
+++ b/src/features/headless-checkout/headless-checkout.ts
@@ -27,6 +27,7 @@ import { getPaymentStatusHandler } from './post-messages-handlers/get-payment-st
 import { headlessCheckoutAppUrl } from './environment';
 import { FinanceDetails } from '../../core/finance-details/finance-details.interface';
 import { getFinanceDetailsHandler } from './post-messages-handlers/get-finance-details.handler';
+import { FormStatus } from '../../core/status/form-status.enum';
 
 @singleton()
 export class HeadlessCheckout {
@@ -64,6 +65,8 @@ export class HeadlessCheckout {
      * @returns {Form} form details
      */
     init: async (configuration: FormConfiguration): Promise<Form> => {
+      this.formStatus = FormStatus.pending;
+
       const msg: Message = {
         name: EventName.initForm,
         data: {
@@ -77,6 +80,7 @@ export class HeadlessCheckout {
             this.formSpy.formFields = (args as { fields: Field[] }).fields;
           }
           this.formSpy.formWasInit = true;
+          this.formStatus = FormStatus.active;
         })
       ) as Promise<Form>;
     },
@@ -92,8 +96,23 @@ export class HeadlessCheckout {
         }
       );
     },
+
+    getStatus: (): FormStatus => {
+      if (this.formSpy.formWasInit) {
+        return FormStatus.active;
+      }
+
+      return this.formStatus === FormStatus.pending
+        ? FormStatus.pending
+        : FormStatus.undefined;
+    },
+
+    activate: (): void => {
+      this.formStatus = FormStatus.active;
+    },
   };
 
+  private formStatus: FormStatus = FormStatus.undefined;
   private isWebView?: boolean;
   private isSandbox?: boolean;
   private coreIframe!: HTMLIFrameElement;