NuPay offers microfinance businesses a range of payment and collection solutions that helps businesses manage their cashflow with easy and convenient debit order and card payment solutions. Manage cash flow effectively, reduce cash handling risks and receive real-time reporting.

AEDO

Since Authenticated Early Debit Orders (AEDO) payment instructions are created in real-time, they will assist you significantly with improving your collections. AEDO is essentially non-disputable, future-dated early debit orders, loaded via a terminal. AEDO enables a merchant to load future-dated, irreversible transactions on a 3rd party’s account, which is authenticated via card and PIN when the transaction is created.

Instructions are submitted for early morning processing with multiple presentations over a user-defined tracking period and transactions cannot be disputed due to the PIN authentication. Tracking is available on the account, should the transaction fail due to insufficient funds and maintenance can be done on the transactions via our website. AEDO comes with full reporting functionality, as well as a 24/7 contact centre, round-the-clock monitoring on responses from the banks, skilled technicians on call and dedicated customer relationship consultants.

Benefits and product features

  • Less disputes.
  • Future dated debit orders.
  • Up to 32 days tracking.
  • Full website reporting.
  • Transaction maintenance.
  • Card and pin based.
  • Reference field capabilities.
  • Real-time debit order.

NAEDO

With Non-Authenticated Early Debit Orders (NAEDO), we provide a web-based, non-authenticated early debit order facility using a web portal. Debit order instructions are submitted for early morning processing with multiple presentations over a user-defined tracking period. Transactions are uploaded via the web portal, thereby giving you the capability of becoming mobile with your business.

Furthermore, multiple presentations can be loaded on an account and tracking is available on the account, should the transaction fail due to insufficient funds. Maintenance can be conducted on the transactions via our website and the solution offers full reporting functionality, a 24/7 contact centre, round-the-clock monitoring on responses from the banks, skilled technicians on call and dedicated customer relationship consultants.

Benefits and product features

  • Future dated debit orders.
  • Web based product.
  • Full website reporting.
  • Full transaction maintenace.
  • Reference field capabilities.
  • Real-time debit order.

MPS

MPS is a web-based payment solution supporting traditional single hit debit order payment instructions (2 Day Debit and SSV) and Credit Card Debits (Batchlink), against consumer accounts.

  • Web based solution.
  • Full website reporting.
  • Transactional maintenance.
  • Mandated debit orders.

POS

POS (Point of Sale) is a terminal based payment system whereby a consumer can pay for goods or services using a normal debit or credit card. The funds will be directly accessed and deducted immediately from the consumer’s account and settled daily to the merchant’s account.

Benefits and product features

  • Improved cashflow.
  • Stock management.
  • Integrated with fixed or portable devices.
  • Real-time transactions.

NuCard

NuCard is a web based electronic facility whereby a merchant can transfer a credit value to an end customer on an electronic card. The end customer can then use the credit value stored on the card for card payments at any MasterCard POS pay point, or withdraw cash from any ATM within South Africa.

Benefits and product features

  • Reduce cash handling risks.
  • Card and pin product.
  • Web based solution.
  • Card is valid for 3 years.

DebiCheck

DebiCheck now enables account holders to verify their debit orders before their account is debited, decreasing dispute rates and preventing fraud. DebiCheck Collections are electronically authenticated by customers on a once-off basis.Should a customer decides to take out a new contract, the customer’s mandate will be registered with their bank. Once the customer authorises his/her mandate details, you will be notified and your sales process can proceed.

Benefits and product features

  • Less disputes by authenticating mandates.
  • Consumer safety.
  • Full website reporting.
  • Portal terminal and web based debit order solution.