Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Direct Debit is an innovative cloud-driven solution designed for the automated collection of recurring payments directly from the bank accounts of customers, streamlining the payment process for businesses. It features a robust end-to-end system that starts with customizable electronic mandates, which customers can conveniently sign digitally from any device, ensuring a quick and secure authorization process while eliminating the need for paper documentation. After receiving authorization, businesses can issue payment instructions detailing the amounts and schedules, and the system will automatically withdraw funds from customer accounts on the predetermined dates. To enhance security, it incorporates an Account Verification Service (AVS) that checks banking information to mitigate fraud risk, alongside DebiCheck authentication, which helps reduce disputes by confirming mandates in advance. Furthermore, it supports a variety of transaction types, including Same Day and Two-Day EFT debit orders, EFT credits, and batch processing, while offering API and webhook integrations, enabling organizations to seamlessly connect the platform with their existing systems for enhanced operational efficiency. This comprehensive approach not only simplifies payment collection but also bolsters security and improves customer trust in the process.
Description
Recognizing the importance of data precision and automation in the fintech industry, Mitek's dedicated research and development teams have introduced an innovative method for check image recognition. This new solution, known as XE™, delivers substantial benefits, such as enhanced straight-through processing rates, by utilizing a recurrent neural network (RNN)-based engine that achieves markedly higher accuracy than competing products. Furthermore, XE™ features a versatile and customizable design that integrates seamlessly into comprehensive payment, omnichannel, and banking systems, enabling automatic identification and extraction of essential check details, including the amount (both Courtesy Amount – CAR and Legal Amount – LAR), date, and payee name, irrespective of whether the writing is in printed form or cursive. Additionally, the toolkit incorporates advanced image quality analysis (IQA) and image usability analysis (IUA) to verify that the check aligns with Check 21 standards as well as other relevant industry and regulatory requirements. This innovative approach positions Mitek as a leader in the fintech space, addressing the growing demand for precise and efficient financial solutions.
API Access
Has API
Yes
API Access
Has API
No
Integrations
Authorize.Net
Yes
Calendly
Yes
Chargebee
Yes
Donorbox
Yes
FreshBooks
Yes
Google Sheets
Yes
Magento
Yes
Memberful
Yes
QuickBooks Online
Yes
Sage 100
Yes
Integrations
Authorize.Net
No
Calendly
No
Chargebee
No
Donorbox
No
FreshBooks
No
Google Sheets
No
Magento
No
Memberful
No
QuickBooks Online
No
Sage 100
No
Pricing Details
$26.03 per month
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
No
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Direct Debit
Founded
2009
Country
South Africa
Website
www.directdebit.co.za/
Vendor Details
Company Name
Mitek (A2iA)
Founded
1991
Country
France
Website
www.a2ia.com/en
Product Features
Payment Processing
ACH Check Transactions
No
Bitcoin Compatible
No
Debit Card Support
No
Gift Card Management
No
Mobile Payments
No
Online Payments
No
POS Transactions
No
Receipt Printing
No
Recurring Billing
No
Signature Capture
No
Product Features
Payment Processing
ACH Check Transactions
No
Bitcoin Compatible
No
Debit Card Support
No
Gift Card Management
No
Mobile Payments
Yes
Online Payments
Yes
POS Transactions
No
Receipt Printing
No
Recurring Billing
No
Signature Capture
Yes