This service allows for collections from Monday to Friday – the run file must be received by Payport by no later than 14h00 on action date. The debit transaction will appear on the client’s account on the day after the action date, but effective from the action date. (Next day, effective today’s date)

The Intelli-Debit, or NAEDO collection service allows you, the beneficiary, to collect funds owed via the NAEDO payment stream. The Intelli_Debit service helps to ensure collections and reduce non-payments and bad debts, by tracking the availability of funds in the account for the period of time you stipulate.

Credit tracking

Intelli-Debit Credit tracking is an optional feature of NAEDO, whereby the beneficiary (yourself) can choose a tracking period, so that should insufficient funds be available in the accountholder’s account on the first debit attempt, tracking will be invoked  for the chosen period. This will then invoke a system at the accountholder’s bank which will either monitor the account for incoming credits, and proces re-randommised. NAEDO then debits the account once a credit is detected, or reprocess the NAEDO debits a minimum of twice a day against the account. Should a transaction fail after the tracking period, it will be returned as an unpaid transaction.

Intelli-Debit has the following features:

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 R5000