Can't figure out this simple if elseif statement

It works when it's just if and else, however, when I add elsif to it the if gets ignored and elseif takes over, even though there's a valid payment there. Can someone tell me what is wrong with this statement?

if ($row['receivedat'] > date("Y-m-d H:i:s", strtotime('-2 minutes'))) {

echo 'Payment found';

} elseif ($row['receivedat'] < date("Y-m-d H:i:s", strtotime('-2 minutes')))  {

echo 'No payment found';

} else {

echo 'Try again';

}