Actum
How to set up Actum processors in LMS or Secure Payments.
Secure Payments and LMS are integrated with Actum Processing, which allows customers to process ACH payments (including same-day ACH) and funding in the U.S., including the Virgin Islands and Puerto Rico.
Like other processors, Actum has to be set up before you can start using it on payments. Reach out to Actum to create an account, and then they'll give you a set of credentials that you can use to create processors in LMS or Secure Payments.
Setup
Once you have an account with Actum, you can create an Actum processor inside Secure Payments or our loan management system (LMS) to start processing live transactions. No matter where you set it up, they will link to each other.
From Secure Payments
You can also create an Actum payment processor within Secure Payments. In Secure Payments, navigate to Processors > Bank Account/ACH (USA). Next to the “Actum” heading, click the plus button to get started.
Now you can add your information for Actum, including:
| Field | Description |
| Name | The name of the processor. You can create more than one processor, and this name will help you distinguish this processor from others you may create. |
| Username | Your username for your Actum account. |
| Password | Your password for your Actum account. |
| Parent ID | Provided by Actum. |
| SFTP Username/Password | Are not needed. |
| Sub ID | Provided by Actum. |
| Syspass (System Password) | Provided by Actum. |
| Same Day ACH | Allows Same Day ACH processing. If enabled, options to set Same Day Cutoff Time and Same Day Time Zone will appear below. |
Once you have entered this information, click 'Save'.
From LMS
To create an Actum Processor inside of LMS, navigate to Settings > Company > Merchant > Secure Payments > Bank Account/ACH (USA) > Add Processor. Select 'Actum' from the ‘Processor Type’ dropdown.
Give the processor a name. Enter in the ParentID, SubID, and System password which are provided by Actum. The Username and Password are your login credentials to your Actum account. The SFTP credentials are not needed. You can choose your settings which include:
- Default – If set to yes, this processor will become your default ACH processor.
- Auto Reversal – If set to yes, charged-back payments will automatically be reversed in LoanPro.
Once all the correct and needed information has been entered in, click 'Save'.
Once you've got your processor set up in LMS, you'll be able to select that processor when logging ACH payments. Our logging payments article gives you the step by step instructions.