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Choosing the best debit order solution for your small business

Many organizations don’t know the many benefits of utilizing a debit order service to collect capital from their customers, much less which debit order system would be the best for their requirements.

When to start using AEDO, NAEDO or EFT debits to acquire funds

So that you can understand which debit order solution to use you’ll initially have to have a comprehension of the variances in the three significant collection procedures: Authenticated Early Debit Order (AEDO), Non-authenticated Early Debit Order (NAEDO) and Electronic Funds Transfer (EFT).

NAEDO: Good, debit orders that enhance your collection rates

Ask not what your organization can do for payment collection, but what competent, cost effective payment collection is able to do within your company. Just about the most efficient, inexpensive payment strategies on the market today is known as a NAEDO or Non-Authenticated Early Debit Order. This payment system fuses the efficiency of debit orders together with the intelligent tracking of credit payments to increase the likelihood of successful collections and lower fees allocated to retries and returned debits.