Okra allows you to initiate a direct NIP (instant payment) EFT transfers on your customer's behalf. This is a seamless transaction from your customer's bank account to your Okra-connected company account.
It’s as easy as 3 steps:
Customer authenticates via Okra.
You (company) initiate a direct debit from the customer to any of your Okra-connected accounts, via standard debit method or garnishment with an electronic mandate.
Customer is debited one-time or according to the mandated schedule.
You'll be able to check your customer’s bank account before you initiate a payment. This allows you to carry out payment transactions without having to worry about insufficient funds. Additionally, you’ll be able to see the status of the payments made to your accounts.
Get more information, here.