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...
Authenticated Collections overview
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...
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,...
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...
POPI Act in the payment collection industry
POPI Act in relation to payment collection The Protection of Personal Information Act No.4 of 2013 (POPI) introduced the legal protection framework for individuals and entities involved the collection...
Electronic debit order authorisations in South Africa
Direct Debit recently launched the industry’s first electronic debit order mandate solution which allows your customers to sign and authorise their debit order mandates from anywhere and on any...
Automation of month-end debit orders
Many businesses are looking for services that complement the debit order collection process and make their lives a whole lot easier, especially when it comes to month-end billing. Integrations...