additional-services
Additional services
| | AVS (Account Holder Verification) | E-Mandate (Electronic Mandate) | EFT Credits (EFT payment, salaries) |
| Definition | Verify account details with bank details | Electronic debit order authorisation | Recurring payment (salary) |
| Main Function | Verify whether the account belongs to person/entity | Authorise debit order transactions electronically | Efficient processing of salaries, account payments |
| Additional Functions | 1.Check ID/reg number match | 1.Sign on any device | 1.Same day payments submitted before 12:00 |
| | 2.Check if account is open for > 3 months | 2.Sign up from anywhere | 2.1 day service submitted 1 day prior to action date before 12:00 |
| | 3.Check if account belongs to entity/person | 3.Advanced signature authentication | |
| | 4.Check if account accepts debit orders | 4.Mobile OTP | |
| | | 5.QR bar codes | |
| | | 6.Fully customisable | |
| | | 7.Easy integration with systems | |
| | | 8.Full audit trail | |
| | | 9.Unlimited storage | |
additional-services.txt · Last modified: 2020/06/05 13:01 by Schuzelle van Wyk