While sales are the muscles of a business, cash flow is the heart and lifeblood. Good cash flow is not something that happens overnight. Which means it is left...
Debit order goes paperless with electronic mandates
Authenticated Collections overview
Direct Debit has received numerous requests from NAEDO Users regarding the new Authenticated Collections (AC) system and we would like to give you a brief overview of how the system...
Update on the status of Authenticated Collections (AC)
South Africa is the only country in the world that has implemented the he Early Debit Order (EDO) collection system. The EDO system consists of both the AEDO and...
Authenticated Collection in South Africa
The New Way To Collect South Africa is the only country in the world that has implemented the he Early Debit Order (EDO) collection system. The EDO system consists...
New Authenticated Collection (AC) Solution
Why Authenticated Collections? The South African Reserve Bank (SARB) has instructed the banks to develop a new industry solution, now called Authenticated Collections which will require collectors to submit...
Major benefits of using debit order collection for your business
Starting a new business can have many new obstacles to overcome. One of these obstacles include collecting money owed by customers at month end. It can be surprising to...
Debit order mandates explained
Due to the increasing number of debit order fraud cases, South African debit order companies have been instructed to comply with PASA’s rules relating to proper authorisation of debit...
Debit order collection integration options
Direct Debit are the industry leaders in debit order collections in South Africa. Whether you are looking for an EFT or NAEDO debit order facility, debits to credit cards,...
Debit order systems that simplify business processes
Direct Debit is a debit order collection company that provides comprehensive billing solutions to businesses of all sizes who are looking for a direct and professional collection channel. Direct...
Accounting principles when dealing with debit order collections
The concept of a debit order service provider collecting funds into another bank account and then releasing/paying out the funds to your organisation’s account might be quite a strange...