The NAEDO collection service allows you, the beneficiary, to collect funds owed via the NAEDO payment stream. The NAEDO service helps to ensure collections and reduce non-payment and bad debts.
 
Key Features and Benefits
  • Priority debiting:  Use NAEDO to take priority over normal debit orders and receive outstanding funds from debtors with failed payments 
  • Credit tracking:  Track  a debtor’s account for up to 32 days and process your debit orders when funds become available in the account 
  • Transaction limit:  Use NAEDO to collect a maximum amount per transaction of R15000
  • Non-invasive checks:  Rest assured that NAEDO tracking is non-invasive and won’t attract a fee to the account being tracked.