Debit Orders

Paysoft offers a highly secure and cost-effective debit order collection system that can be processed through South African bank accounts – current, cheque, savings, or transmission.

How does the product work?

The client submits transactions for debit order collections to the Paysoft system, which we then process through the banking system. The individual debtor accounts are debited at each bank, and the total amount of funds collected are credited to the designated client or Paysoft bank account. Pay-out rules are tailored to client risk profiles.

Debit Order Dashboard

Product features

Debit order files can be uploaded via our secure website or via client system integration using our API.

$9.95

Single or bulk transaction processing facilities are available.

$9.95

Service options for submission are:

$9.95
  • Same day
  • One-day
  • Two-day

Files from most creditor systems can be imported.

$9.95

Reporting is available through our secure cloud-based system.

$9.95

Product benefits

Built-in Check-Digit Validation automatically pre-validates account numbers against bank and branch rules.

$9.95

We offer multiple settlement options, or the ability to process in a client’s designated bank account.

$9.95

Debit orders reduce cash flow uncertainty and scheduled collections increase efficiencies.

$9.95

Processing deadlines

Same day: 15h00

One-day: 14h00

Two-day: 11h00