To meet the demand for more efficient collection systems, banks developed systems that allowed for preferential collections and early notification. In addition, many micro lenders who did not qualify for preferential facilities at the banks, resorted to using clients ATM cards and PIN numbers in order to withdraw the funds when salaries were paid. In order to address the above issue the SA Reserve Bank together with input from a number of industry participants developed EDO (Early Debit Order System). EDO comprises of;
AEDO -Authenticated Early Debit Order System (This service is not offered by Netcash).
NAEDO - Non Authenticated Early Debit Order System. (This service is offered by Netcash).

Service authorisation deadlines are available here.

If you are a current Netcash Merchant you need to apply on your Netcash Merchant account for this service. If you have any questions about the service or how if may benefit your internal processes, please do not hesitate to contact us.

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