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what-is-an-eft-debit-order [2019/06/29 17:35]
what-is-an-eft-debit-order [2020/06/05 12:39] (current)
Schuzelle van Wyk created
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|+||====== What is the EFT debit order collection service? ======|
|+||The EFT debit order service is what we would like to call a normal debit order. This service allows you to process debits to a customer’s account without the implementation of tracking. The customer’s account is processed only once and the result of either successful or unsuccessful is obtained.|
|+||The EFT Service is provided by participating banks, which enables companies and other bodies to process payments entirely by computerised means. The service can be used both for collecting payments from clients using EFT debits.|