NEWS
DebiCheck now live across 10 banks.
DebiCheck, which enables bank account holders to approve or verify debit order transactions, has gone live across 10 banks, including Absa, Bidvest, Capitec, First National Bank, Nedbank, Standard Bank and Ubank. This was announced earlier this week at the biennial...
Two courts just ruled that you can be sued via SMS. Here’s what it means.
If you ignore a registered SMS demanding payment of a debt, the sender can proceed with a summons, says Salomé le Roux, senior associate at intellectual property law firm Von Seidel. This after two judgements handed down at the Randburg magistrate’s court...
3 reasons why South Africa is one of the toughest places in the world to collect unpaid debts
Trade credit insurer Euler Hermes has released its ‘Collection Complexity Score and Rating report’ for 2018, which looks at the ease of collecting of unpaid debts across the world. The aim of the report is to provide a simple assessment of debt collection...