The Payment System Stakeholder Forum for collections was constituted as an Association on the 18th October 2006. The Constitution was changed and the changes accepted on 22 March 2011, to focus on and be named as the Early Debit Order (EDO) Payment System Stakeholder Forum (PSSF) or EDO PSSF.
The EDO PSSF acted as the association of and discussion forum for any person (legal or natural) that facilitated the collection of and / or that collected monies through the EDO Payment Streams and / or the associations of said persons (legal or natural). The EDO PSSF also required its members to act responsibly in the National Payment System (NPS) in support of the overseer of the NPS namely the South African Reserve Bank (SARB) and the creators of the EDO Payment Streams which are those banks that established the EDO Payment Streams.
In the light of the closure of the EDO payment streams and where the industry is in the process of creating a new Payments Industry Body, the PSSF Members have agreed that the current role of the PSSF has come to an end and as such the PSSF will be closed by the end of February 2022.
We wish all PSSF members a blessed and peaceful Festive Season and all the best during 2022.
This website will close on 28 February 2022