Debi Check or Authenticated Collections (replacing NAEDO), will ensure that all debit orders are firstly verified against a registered and authenticated mandate, before being processed against an account holder’s bank account. Using DebiCheck reduces the risk of an incorrect or a fraudulent debit order being collected because the debit order can only be done according to the approved agreement.
How will DebiCheck benefit your business?
After a mandate has been successfully authenticated, it will be extremely hard to dispute the mandate resulting in higher revenue.
Ensure a lower percentage of debit order disputes by having customers first authenticate mandates before debit order instruction.
Your customer will have to agree to the correct amount and date of the mandate giving them peace of mind and prior notice of the debit order instruction.
Manage all your transactions online
All transactions can be viewed or managed from our online portal.