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what_is_the_naedo_service [2015/09/30 10:09]
Jaco van Wyk created
what_is_the_naedo_service [2019/06/29 17:35] (current)
Schuzelle van Wyk
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-====== What is the NAEDO service? ======+====== What is the NAEDO debit order collection ​service? ======
  
 Non-Authenticated Early Debit Order (NAEDO) aims to level the electronic debit order collection playing field by creating an equal opportunity for creditors to collect funds from their debtors. Non-Authenticated Early Debit Order (NAEDO) aims to level the electronic debit order collection playing field by creating an equal opportunity for creditors to collect funds from their debtors.
    
-NAEDO debit order collections allow for collecting up to R15, 000 per debit instruction and run in a preferential,​ randomised manner before the standard EFT debit order run. This ensures that each creditor has an equal chance of successful collection.+NAEDO debit order collections allow for collecting up to R30, 000 per debit instruction and run in a preferential,​ randomised manner before the standard EFT debit order run. This ensures that each creditor has an equal chance of successful collection.
  
 Credit tracking of up to 32 days may be included on NAEDO collection instructions. If a debtor obtains funds within the tracking period these will be immediately debited to fulfil the NAEDO debit order. Credit tracking of up to 32 days may be included on NAEDO collection instructions. If a debtor obtains funds within the tracking period these will be immediately debited to fulfil the NAEDO debit order.
what_is_the_naedo_service.1443607783.txt.gz · Last modified: 2015/09/30 10:09 by Jaco van Wyk