CHECK YOUR BANK ACCOUNT REGULARLY, CONSUMERS TOLD ABOUT DEBIT ORDER SCAM

CHECK YOUR BANK ACCOUNT REGULARLY, CONSUMERS TOLD ABOUT DEBIT ORDER SCAM

The Payments Association of South Africa (Pasa) says consumers should check their bank accounts regularly to avoid being scammed.

The Citizen reported on Saturday that a Johannesburg man closed his bank account because of the branch’s inability to deal with R99 debit order scam.

The scam involves rogue companies debiting from bank accounts because most banks only notify clients when an amount of R100 or more is taken, most of these companies fall under the radar.

CEO of Payments Association of South Africa Walter Volker says they have implemented measures to try and curb this phenomenon.

Volker also urged consumers to not report legitimate debit orders: “They [customers] must regularly check their bank accounts. If there are unauthorised debit orders, customers must contact their banks. At the same time, the consumers should not dispute legitimate debit orders because it creates problems for us. It becomes difficult to detect the real rogue users in the system.”

LISTEN: How to deal with the R99 debit order scam

 

Michael Pedro / EWN

Facebook Comments

About author

Nigerians in South Africa
Nigerians in South Africa 1663 posts

We are about democracy, human rights, public opinion, political behavior, civil rights and policy aimed at improving the human condition, with a focus on African countries.

You might also like

NIGERIANS IN SOUTH AFRICA INDIFFERENT ABOUT MID-TERM REPORT OF BUHARI GOVT

Words on the street amongst opinion leaders in the Nigerian community suggest that majority of Nigerians are indifferent toward President Muhammad Buhari’s government mid-term report. Majority of them are happy

DAVIDO’S ALBUMS ARE IN DEMAND IN SOUTH AFRICA – BHEKIMUZI NONDALA

Davido continues his winning ways. His latest singles, IF and FALL has been a popular demand by fans in South Africa. We received numerous requests for Davido’s album in South

Health 0 Comments

NIGERIA HAS A HIGH FERTILITY RATE. WHY ARE INFERTILITY CLINICS BOOMING?

IN A rough-and-ready church in Ifo, on the northern fringe of Lagos, Prophet Emmanuel Akanni and Prophetess Foluke Akanni do extraordinary things. During moments of religious ecstasy, Mr Akanni receives

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply