Improve the collection rates by tracking your customer’s bank funds
NAEDO (Non-Authenticated Early Debit Order) allows you to submit a debit order with up to a 32-day tracking period. Processing transactions at a random day and time that improves the likelihood of successful collections. NAEDO gives the bank instructions to track an account for a certain number of days while regular debit order attempts collections only a particular day.
Improve the chance of your debit order collection rate by collecting funds at the optimal date and time.
Check and Resolve debit orders that didn’t go through immediately.
Reduce the risk of handling cash on-premise, as all transactions are handled electronically.
Process debit orders on specific dates only when funds are available, the collection is made.
Rapid Collect is an internal division and marketing brand of Rapid Legal Services (Proprietary) Limited, a registered TPPP with the Payments Association of South Africa and Registered SO Member with the Payment System Stakeholder Forum and a Registered Credit Provider (NCRCP 12886).