diff --git a/src/confirmations_impl.cc b/src/confirmations_impl.cc
index 007d31805472..8b6c8b984b04 100644
--- a/src/confirmations_impl.cc
+++ b/src/confirmations_impl.cc
@@ -963,6 +963,7 @@ void ConfirmationsImpl::Step5CashInPaymentIOUs(
   size_t n = this->signed_blinded_payment_token_json_bundles.size();
 
   if (n <= 0) {
+    BLOG(INFO) << "  No payment IOUs to cash in";
     OnStep5CashInPaymentIOUs(SUCCESS);
     return;
   }