A merchant account allows businesses to accept payments either through debit or credit cards. Read the full blog to know more!

1. What is Same Day ACH and Why Does It Matter?
Same Day ACH has gained more improvements in late 2018 and is heavily utilized by merchants
and integration partners. This blog further introduces one to benefits and provides a few real-life
examples of same-day bank transfers in action.
A Short Introduction To Same Day ACH
Before we get into the details of Same Day ACH, it can really be helpful to understand the main
components who are involved into it. Firstly, NACHA works like the regulatory governing body
in the ACH network. Secondly, there are ODFIs (Originating Depository Financial Institutions)
and RDFIs (Receiving Depository Financial Institutions). An ODFI enacts the role of financial
institution from which the ACH transaction starts or originates, whereas an RDFI is an institution
that receives the ACH transaction.
Moreover, there are third-party processors such as Actum that makes it easy for payment
processor to connect to the ACH Network and provide ACH transactions. We also provide a

2. perfect few API endpoints that will help a merchant to connect from their platform, and also
provide an intuitive dashboard.
One can use this technology to streamline operations and work more efficiently to manage your
cash flow. Moreover, the ACH processing services allows you to streamline the payment
processing and helps to improvise the situation.
Benefits And Use Cases
When you work with Actum, you must submit the debit transactions which shall be processed on
the next day.
Here are a few industries where faster transmission times can really be useful-
Marketplace & Gaming Platforms- When consumers sell a service, they might want their
payouts delivered quickly. Moreover, same-day ACH can make your platform stand out from the
crowd.
Loan, Real Estate or Utilities Bill Payments-
If customers don’t have an autopay, they might forget to make their payment before the due date.
Same Day ACH can allow last-minute bill payments to settle faster with earlier transmission
times.
Are ACH payments safe?
ACH payments are generally designed to protect your data and prevent fraud. However, unlike
checks or cash, they remain documented and trackable.
Payments made through the ACH network also get encrypted to minimize the risk of the price or
when data gets forged, lost, or stolen. Moreover, the NACH also enforces strict security
measures and protocols necessary for member institutions to simplify ACH transactions which
remain safe and reliable tools for senders and recipients of the payments.
Final Read
ACH payments remain reliable and safe since they come with smaller cash reserves and their lost
funds remain a real threat to the financial health of SMBs. Larger enterprises can absorb losses
due to fraud, theft, or error, which is why every penny counts.

3. This is why choosing ACH payments works for small businesses as they get encrypted and
remain less prone to malicious and incidental intervention other than wires, checks, and cash
transactions.