Enhanced Debit Orders (EnDO)

The current debit order system will be replaced by an enhanced collection process, called EnDO, that will benefit both the submitter of debit orders (Creditor) as well as the consumer paying that debit order (Payer). Key features of the EnDO stream include the following: Debit orders are submitted using the new industry payment standard ISO20022.Continue reading “Enhanced Debit Orders (EnDO)”