Capitec Bank is warning customers of a new debit order reversal scam, where fraudsters, purporting to be bank employees, phone victims to inform them of an unauthorised debit order deducted on their ...

Capitec clients will now receive SMS notifications of debit orders from their accounts for amounts as low as R30, as part of the bank's efforts to fight debit order fraud. In a statement issued on ...

Debit orders have come under increased scrutiny in South Africa, with thousands of banking customers hit by a ‘mysterious R99 debit order’ . Despite these issues, many people don’t know which debit ...

Capitec and Nedbank have owned up to the debit order debacle that resulted in clients having double deductions from their accounts. Both banks have promised the problem will be resolved in the next 24 ...

A quick search on Twitter for your bank and the word “debit” will lead you to a host of complaints from customers who claim money was taken from their accounts because of unauthorised debit orders.

An alarming figure of nearly one million debit order disputes are lodged every month as fraudsters increasingly gain access to the bank accounts of unsuspecting customers. Thembisa Magodi has been ...

An alarming figure of nearly one million debit order disputes are lodged every month as fraudsters increasingly gain access to the bank accounts of unsuspecting customers. Thembisa Magodi has been ...