Direct Debit sets a new standard for debit order collections in South Africa. A direct debit also called a debit order is the simplest and most cost effective way to collect payment from your debtors. Direct Debit offers a comprehensive debit order solution, from initial advice and account set up, through to the processing debit orders and depositing funds collected into your account. Direct Debit provides a low cost, transparent fee structure with highly competitive rates.
• EFT Debit: Same Day (SDV) and Two Day collections. • NAEDO: No tracking option as well as credit tracking for specified number of days. • AEDO: Chip and pin card solution to initiate debit order agreement. • EFT Credit: Same Day, One Day and Two Day payments. • AVS: Verify account ownership of both natural persons as well as legal entities.