While businesses want to ensure they don’t miss a payment from a customer, customers equally want to be certain that fraudulent debit orders aren’t coming off their bank accounts – think the R99 scam ...

Early debit order collections may soon be a thing of the past, a result of the payments industry doubling-down efforts to combat debit order fraud. DebiCheck, a world-first debit order authentication ...

"It is important to note that banks fulfil the function of a payment facilitator. A debit order is therefore not a contract between the customer and the bank, but an agreement between the account ...

Service providers, it appears, are taking management of our finances into their own hands by assuming that we are unable to make provisions for regular debit orders. This month two debit orders ran ...

DebiCheck will protect you from debit order scams by giving you control over debit orders offered for payment against your bank account and not a moment too soon as debit order abuse has become a ...

Consumers must be careful when sharing personal information that could be used by fraudsters to make unauthorised debit orders, Payments Association of South Africa CEO Walter Volker has warned. Banks ...

For bank account holders who have been victims of debit order fraud, banks have heard their concerns and have taken steps to prevent it. The four major banks – ABSA, Standard Bank, Nedbank and FNB – ...

When thinking of debit orders, you may think that they were put in place to benefit banks and other service providers. At Corporate Collect, our first priority is the person whose bank account is ...

In our previous article, we spoke about the various ways in which debit orders can fail. However, there is light at the end of the debit order tunnel in the form of a technology that permits ...

When it comes to investing and building long-term wealth, consistency through the discipline of regular contributions is key. One of the most effective ways to stay consistent is by setting up debit ...

The Payments Association of South Africa (PASA) has issued a report in which it found that the proportion of shady companies perpetrating debit order fraud was much higher than initially thought.