EazyEFT is an easy to use utility for the management
of direct debits / credits and the generation of "EMT" files which
can then be sent to your bank, subject to prior registration and
acceptance with the bank. EazyEFT can help reduce the hassle and cost of
reminders and telephone calls by collecting money via electronic
funds transfer. In some organisations, where cash collection
involved a personal visit to the customer, EazyEFT can save the
organisation a considerable amount of time and cost. In the present
culture of late payments and tight cash flows, Direct Debit is
becoming a more widely used method of collecting payments. Companies
and individuals are now agreeable to the concept, as it is standard
practice with utility companies and finance arrangements.