Glossary of Common ACH Processing Terms

For merchants seeking clarification on commonly used terms in the ACH processing world, this glossary provides clear definitions. 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 ACH cycle. Additionally, Processing Fees…

Per Occurrence Fees for Merchants

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://reports.actumprocessing.com. Per Occurrence Fees for Merchants Fee Amount…

Accessing the Return Count Report

The Return Count Report provides transaction level detail regarding any returns received within a specific time frame. In this case, here are the instructions on how to access and use this report. 1. First, log-in to your Actum Processing merchant portal account at https://reports.actumprocessing.com.2. Next, hover your cursor over the Reporting option and left click…

In the event that a deleted transaction requires reactivation, this entry provides step-by-step instructions.

How to Reactivate a Deleted Transaction

This entry provides instructions on reactivating a deleted transaction by using our Virtual Terminal, the same used to submit ACH transactions.. In order to initiate this process, please log-in into your Actum account at https://reports.actumprocessing.com and follow the below instructions. 1. First, head to the Utilities menu option and select Transaction Search from the options…