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…
LendSaaS is a dynamic lending platform designed to streamline and enhance your MCA origination and servicing processes. Built on robust technology, LendSaaS delivers powerful solutions that help you manage the entire lending lifecycle, from MCA origination and underwriting to servicing and collections. With our platform, you can improve your decision-making process, manage risk more efficiently, and provide a seamless experience to your borrowers.
One of the key integrations that adds immense value to our platform is with Actum Processing. Actum is renowned for their prowess in ACH (Automated Clearing House) processing services, allowing businesses to manage payments effectively and securely.
By integrating Actum Processing within the LendSaaS platform, we offer our customers the convenience of processing ACH transactions without leaving the platform. This integration eliminates the need for manual processing or the use of third-party platforms, thus saving time and reducing the potential for errors. It provides an efficient and seamless way to handle loan disbursements and repayments, ensuring smooth cash flow management.
Whether you are a startup, small lender or a large financial institution, LendSaaS, equipped with Actum Processing, is designed to handle all your lending needs and processes with ease. This integration is just one of many that LendSaaS offers to streamline your operations and deliver an outstanding lending experience.