Debit order scam
Debit order scam: Check your bank account regularly, consumers told
CEO of Payments Association of South Africa Walter Volker says they have implemented measures to try and curb this phenomenon.
As of the 1 August last year, major South African banks have implemented a programme called debi-check, a facility that requires customer authorisation before a debit goes through.
Talk Radio 702 host Xolani Gwala speaks to Payments Association of South Africa (Pasa) CEO Walter Volker on how they have tackled the debit order scam.