Debit Order processing

Settlement of debit orders into your account
Once your debit orders batch is processed, all transactions will show as 'Complete'. After this the status might change to Unpaid (ie. because of ...
Sat, 21 Dec, 2019 at 7:15 AM
What is surety amount and how do I increase it ?
What is surety amount ? Banks require merchants to keep a percentage of expected volume (Surety) for debit order processing. This is typically 10% of e...
Mon, 24 Feb, 2020 at 9:53 AM
How does the Bank Account Verification (BANV) Work?
The Bank Account Verification (BANV) product verifies that the bank account and branch code are valid.  There are two types which incur different costs....
Wed, 26 Feb, 2020 at 12:31 PM
Uploading a Debit Order batch via API
To upload a Debit Order batch via API, you can use the sample below. The API documentation attached here. Please make sure you add your key in the e...
Fri, 20 Mar, 2020 at 12:17 PM
How does the Surety deposit for Debit Orders work?
To process debit orders, it is required that we keep a Surety deposit from you. This Surety deposit will be requested from you in the onboarding process T...
Mon, 24 Feb, 2020 at 10:01 AM
Batch upload cut-off times
Debit order batches need to be uploaded before a certain cut-off time to be processed. The cut-off time depends on the Service Type that you use: Same Day (...
Mon, 24 Feb, 2020 at 10:04 AM
What happens to Debit orders on the Action date?
Debit order proceeds (credit) Early on the Action date, 1Day and 2Day debit orders credit the Nominated account (either Paysoft or the Client's accoun...
Wed, 21 Oct, 2020 at 2:19 PM