FEDChex is a payment gateway that links Forth to merchant processors.
- Business Loans file type only.
- Accepts ACH Debit and ACH Credit transaction types.
- Forth CRM accounts with the Multi-Company/Affiliate Enhancement can integrate unique FEDChex gateways to each individual company.
Transactions are created in the CRM at 4:00PM(CST). The processing cut-off for next day's transactions is 5:00PM(CST). This means we batch one hour prior to cut-off.
The Advance has to be in "In-Repayment" status before 4:00PM(CST) in order for the transactions to process for the next day.
Transaction status updates occur at 6:00AM(CST) and 3:00PM(CST). ACH Debit transaction statuses are updated based on API reports from FEDChex.
Integrating FEDChex with Forth
To integrate your FEDChex gateway account with Forth, you will need to send an email request to Support@setforth.com. Your email request must contain the following company details and FEDChex gateway account API credentials:
Presentment Type ID
How do I obtain my FEDChex API credentials?
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