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List Of Debit Order Companies In South Africa 2024-2025

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

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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

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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.

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