Payments Overview

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.

Payments	Endpoints
Fund account via debit card	customer/v1/fund
Fund account via tokenized debit card	customer/v1/token/fund
Send payments, see payment details	customer/v1/payment
See payment status	customer/v1/payment/status
See recent payments	customer/v1/payments

Statuses

These are codes returned when requesting status updates or posting a payment.

Code	Description
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

Payment Types

The currently available payment types in Avenu's v1 API

Type	Description
AVENU	Payment between Avenu customers
ACH	Payment to/from an ACH account
RETURN	ACH payments that have been returned by the receiver
DEBIT_CARD_FUND	A debit card funding
TRANSFER_REFUND	A return from the client's account to a customer's account

ACH Settlement

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.