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  • Why Actum
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    • For Software Companies
    • For ISOs & Resellers
    • Authentecheck™
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    • Lending
    • Real Estate
    • Schools & Camps
    • Fitness
    • Nonprofits & Religious Organizations
    • Utilities & Local Governments
    • Startups
    • Supply Chain Management
    • Media & Entertainment
    • Collections
    • Marketplaces
    • Law Firms
    • Medical
    • Gaming & Wagering
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Archives: SEC

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Understanding SEC Codes with Actum

Settlement Cycles, Glossary and MoreBy Rob TiongsonJune 26, 2020

When merchants process ACH transactions, they can accept authorizations in many ways. Each has its compliance requirements that merchants need to familiarize with when accepting ACH. The way in which ACH transactions are authorized depends on the Standard Entry Class (SEC) code(s). With this in mind, this post explains SEC codes along with Proof of…

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