Debit Order processing
How debit order processing works through Peach Payments Online Gateway | Peach Payments Support
Settlements into your account There is an initial surety amount required when opening a Debit Order processing account which is 10% of the amount needed...
Tue, 17 Jan, 2023 at 12:29 PM
What is Surety? Banks require merchants to keep a percentage of expected volume (Surety) for debit order processing. This is typically 10% of expected volu...
Wed, 24 Aug, 2022 at 11:43 AM
The Bank Account Verification (BANV) product verifies that the bank account and branch code are valid. There are two types which incur different costs....
Thu, 24 Aug, 2023 at 12:01 PM
The API documentation is attached at the end of the article. To upload a Debit Order batch via API, you can use the sample below. Please make sure you ...
Thu, 2 Mar, 2023 at 12:02 PM
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 ...
Mon, 5 Jun, 2023 at 5:16 PM
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 (...
Tue, 13 Dec, 2022 at 12:38 PM
Debit order proceeds (credit) Early on the Action date, 1Day and 2Day debit orders credit the Nominated account (either Paysoft or the Client's account...
Tue, 26 Jan, 2021 at 4:00 PM