Debit Order News

Oct 17, 2013

Debit order facilities for property managers and administrators

The property management industry is an emerging industry and has been showing exceptional growth, especially with new rentals in the South African market. The growth is due to the increasing foreclosures and stiffening mortgages in the buyer markets leaving...

Oct 16, 2013

Debit order collection for the insurance industry

Insurance in today’s day and age has become a basic need, like food or water, a life without it would be unimaginable. Life happens and unforeseen events occur daily, which is the reason why people feel the need to...

Sep 25, 2013

Reduce your debit order dispute rates

The causes of high debit order dispute rates There are many causes to high debit order dispute rates. Some of the most common include: underhanded sales tactics, lack of data capture procedures leading to human error, failure to verify...

May 26, 2013

Intelligent debit order (IDO) collection facility

Direct Debit has been at the forefront of debit order collections for the last century. Since the addition of the EDO (NAEDO and AEDO) debit order services in 2006, to complement the existing EFT debit order service, not much...

Mar 23, 2013

NAEDO facility for improved debit order collection rates

Your business and NAEDO collections If you’re struggling to collect funds from debtors then you may wish to consider looking at using a NAEDO collection facility. Unlike EFT debit orders, NAEDO collections improve your business chances of successful collection....

Feb 21, 2013

EDO and EFT debit order collection

Direct Debit are industry leaders in debit order collections in South Africa. Whether you are looking for an EFT or NAEDO debit order facility, with or without Account Holder Verification, Direct Debit has you covered. Debit Orders for Improving...

Nov 9, 2012

Picking the best debit order system

When picking a debit order system you need to first establish the scope of your debit order requirements. Do you wish to debit your clients in an ad-hoc/once-off manner or will you be debiting on a recurring manner and...

May 1, 2012

The benefits of using debit orders to collect funds from debtors

Using debit order collections to proactively fetch funds from your debtors obviously holds many benefits over waiting for them to get around to paying you. Lets look into some of the benefits of using debit orders to collect funds: Increase Cash Flow When...

Apr 1, 2012

When to use AEDO, NAEDO or EFT debits to collect funds

In order to understand which debit order method to make use of you will first need to have an understanding of the differences in the three major collection methods: Authenticated Early Debit Order (AEDO), Non-authenticated Early Debit Order (NAEDO) and Electronic Funds Transfer (EFT). EFT Service Lets start...

Apr 1, 2012

Choosing the best debit order solution for your business

Many businesses are not aware of the benefits of making use of a debit order service to collect funds from their debtors, let alone which debit order service would be the best for their needs. Having dealt with many...

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