Avenu currently offers payment capabilities in the form of ACH transfers. Version 1 of Avenu's API supports debit card funding of a customer's account and ACH origination. Debit funding is available to instantiate an account balance. There are also endpoints available to retrieve payment statuses and details, create a dispute, and administer customer payment adjustments.
These are codes returned when requesting status updates or posting a payment.
|PENDING||A pending settlement|
|FAILED||The payment failed|
|SETTLED||The payment has been settled|
|DECLINED||The payment has been declined|
|CANCELED||The payment has been canceled|
The currently available payment types in Avenu's v1 API
|AVENU||Payment between Avenu customers|
|ACH||Payment to/from an ACH account|
|DEBIT||Payment to/from an external debit card account|
|RETURN||ACH payments that have been returned by the receiver|
|DEBIT_CARD_FUND||A debit card funding|
ACH transmission jobs run twice daily, once in the evening (Eastern) and once again in the morning to capture any transactions that missed the evening cutoff. This increases the likelihood that ACH transactions will settle within 24 hours.
Updated about 1 month ago