List Of Debit Order Companies In South Africa 2024-2025
A debit order is a commitment between you and a third party to take an agreed amount of money out of your bank account every month to pay for a service or to repay a loan.
Debit Order Company
Products – Smart Collect
Jarvis Solutions – Debit Order Collections
Debit Orders – Paysoft
Debit order collections Standard Bank
Debit order collection Linkserv KwaZulu Natal
Debit Orders – Netcash
Direct Debit
ACB Link
Altech NuPay
BDB Data Bureau
Cash Buddy
Collective Dynamics
Corporate Collect
Debitsure
Digicash
Hyphen
Intecon
IntelliCollect
Iperion Solutions
MyGate
Netnovation
NuDebt
Paym8
PaySoft
RealPay
Sanlam Multi-Data
Siyathembana
SmartCollect
SoftyComp
Stratcol
Virtual Card Services
How long do you have to reverse a debit order?
If a reversal is requested within 40 days after the debit has gone down, Absa will compensate the customer immediately. For disputes lodged after 40 days, Absa cannot guarantee compensation as the collector has the right to present a valid mandate within 30 days, failing which, the transaction will be reversed
What is the difference between a debit order and a stop order?
What is the difference between a debit order and a stop order? A stop order is an instruction that you issue to your bank to make a series of future dated recurring payments, whereas a debit order is an instruction that you provide to a third party.
How does a debit order work?
A debit order is a way for a third party, that you have given permission, to collect money from your bank account. It’s typically used to collect monthly subscriptions, insurance premiums or loan repayments.
