Debit Order
Bank in Johannesburg

Get quotes on a NAEDO, AEDO and EFT debit order system and get paid. Direct Debit provides the best debit order collection facility and processing service.

Our debit order facilities run on extremely reliable, banking grade infrastructure and connect you directly to BankServ via our sponsoring bank. Trust Direct Debit to ensure you receive the most cost effective and reliable debit order service available. Our debit order system is perfect for any business looking to collect funds on a once-off or recurring basis from client bank accounts. Our focus is specifically on high volume debit order processing. Setting up can take forever, with the lack of communication and poor support leading to huge delays. The retention of funds is dependent on your risk profile as well as the security you are able to provide. Should you provide adequate security your funds will be released on the first business day after your debit run or in the case of NAEDO, on the next business day after your last day of tracking. Securities are negotiated on an individual basis and we do have options for businesses who are unable to provide any form of security. We however restrict telephonic support to clients only. The EFT credit and debit service is available to all businesses and enables fast and efficient processing of salaries, account payments and debit orders. The EFT Service is provided by participating banks, which enables companies and other bodies to process payments entirely by computerised means. Payments can be made for salaries, creditors, wages etc. The user can lodge payments and collections through their bank to all participating banks. What type of transactions can be processed through the EFT service? The splitting of transactions to avoid the limit restrictions is not permitted. A list of participating banks can be obtained on application. Account holder verification ( AHV or AVS ) is a service that allows you to verify whether a natural person or legal entity claiming to be is indeed the holder of a specific bank account. Bank account holder verification, AHV, is an effective method of reducing the risk of fraud when collecting funds from many accounts. As mentioned above, with bank account verification the risk of fraud is also greatly reduced as you determine, in advance, whether the customer is indeed the holder of the bank account as claimed. Mandates are registered on the AEDO database using a card and PIN authorisation from issuing banks. With our AEDO system there is no need for a merchant to retain the customers card and PIN to collect future payments. In terms of our AEDO service, consumers are able to electronically authorise future dated deductions from their bank account for the repayment of loans, insurance premiums and asset purchases etc. They swipe their bank card and enter their PIN number. Currently authentication can only take place at a physical terminal and thus internet or telephonic mandates are not possible. With the introduction of chip cards remote authentication will become possible in future.