Some later discovered they had unintentionally authorised a debit order, which proved difficult to cancel. He adds that debit ...
Customers are notified via SMS whenever a new debit order is raised on their account for the first time. If they believe the ...
A reader complained recently that a debit order had been erroneously taken from his bank account. When he complained to the bank he was told that it could not prevent further debits and he should ...
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Consumers now have 60 days to challenge debit orders
South Africans will soon have up to 60 days to challenge debit order payments. This comes after the South African Reserve Bank and the Financial Sector Conduct Authority confirmed the new rule ...
As the South African payments landscape prepares for a significant shift, businesses reliant on DebiCheck debit orders, and specifically when authentication was not successfully obtained from debtors, ...
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