The Actum Portal provides a helpful tool for merchants with Data Export. Through Data Export, merchants can download reports about Transactions, Deposits, Customers and Orders in convenient fashion. This entry explains how to export and download reports in a preferred file format from the Actum Portal. Using Data Export to Download Reports 1. Log in…
For merchants frequently transacting with a select group of clients or a dedicated client for their business, Primary Customers identifies these individuals and/or businesses with transaction management. This article reviews how to designate and locate Primary Customer in the Actum Portal. Designating a Primary Customer 1. Log in to the Actum Portal by going to…
Merchants have the ability with viewing settled transactions with the Merchant Activity Report by logging into the Actum Portal at https://merchant.actumprocessing.com. Moreover, this entry walks merchants through on viewing these transactions. As can be seen, the reports in our portal provides indispensable information for your merchant account. This article explains how to view transactions towards…
Transaction fees are based on the pricing outlined in the Exhibit B. In this case, please review the most recently signed Final Exhibit B. First, the following formula calculates the costs for each individual debit transaction. (Per Debit Fee x Total # of Debits) + (Total $ Amount of Debits x Discount Rate %) =…
Understanding the structure of funding schedules proves helpful in terms of anticipating the cycle and deposit of settled payouts. This article illustrates the funding time window for merchants. As always, please refer to the most recently signed, Final Exhibit B to review an account’s funding schedule. 5 Business Days • Day 0 – First, the…
The Transaction Fee Report provides in depth information about processing fees for an Actum Processing account. This report takes away the hassle of reconciling fees and processing activities from merchants. This articles provides steps on how to access the Transaction Fee Report. 1. Log in to the Actum Portal by going to https://merchant.actumprocessing.com. Refer to…
For merchants seeking clarification on commonly used terms in the ACH processing world, this glossary provides clear definitions along with our blog entry. Terminology Originations This term accounts for transactions initiated by the merchant and sent to debit a customer’s bank account. Gross Settlements This term describes transactions that originated and settled or completed the…
This entry specifically provides a listing of our per occurrence fees which can be seen at https://www.actumprocessing.com/fees. However, please contact your designated Business Relationship Manager at (512) 402-0082 for clarification with any of our fees. By the same token, these fees may appear on reports when logging into https://merchant.actumprocessing.com. Refer to the Multi-Factor Authentication (MFA):…
This article provides a step-by-step instructions with canceling or revoking a transaction while keeping these settlement cut-off times in mind. • For Regular Transactions, the cutoff time is 5 p.m. CT (6 p.m. ET). • Meanwhile, the cut-off time for Same-Day Transactions are 7 a.m. CT (8 a.m. ET), 11 a.m. CT (noon ET) and 2 p.m.…
When funding an Actum Processing merchant account’s Credit Reserve, email funding@actumprocessing.com. After sending the wire or ACH, indicate “Wire Sent for (Name of Business) – (Actum ParentID)” or “ACH Sent for (Name of Business) – (Actum ParentID).” Inform the Funding and Support teams how the funds, sent via ACH or wire, is for the Credit…