Introducing DebiCheck....
The future of collections is here…
For years the market has been asking for a more advanced form of debit orders – a system that protects both parties to the transaction. DebiCheck is the answer!
Developed over a period of years by PASA (Payments Association of South Africa) and the Banking Association of South Africa, DebiCheck is a world-first and makes use of the prevalence of personal electronic communication mechanisms to ensure that transactions processed through the system have been irrefutably pre-approved by debtors, thereby safeguarding both parties from unauthorised transactions or unwarranted disputes.
As with the NAEDO system that it is replacing, DebiCheck contracts can be once-off or recurring, for fixed, variable or usage-based amounts, can be set to optionally track an account (for a maximum of 10 days) and can run on the date of your choosing.
You can also opt for one of our settlement options or can choose to run in your own account.
At this stage, a DebiCheck transaction may only be concluded against the account of a natural person and are limited to transactions of R500,000 or less.
Talk to us about our mandate-migration special! - DebiCheck Transactions R4.99 per transaction*, T&C's do apply.
Contact our Sales Team for more information today at: sales@rapidpaycollect.co.za
Register for Debicheck with Rapid Pay Collect Today >>>> Click here for more info.
If you want to apply for a facility with Rapid Pay Collect, please find our Application Form attached hereto.
Please email our Sales Team at: sales@rapidpaycollect.co.za with the fully completed application form as well as the supporting documents as requested.