{"id":219370,"date":"2017-07-15T10:31:44","date_gmt":"2017-07-15T08:31:44","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=219370"},"modified":"2017-07-15T10:34:03","modified_gmt":"2017-07-15T08:34:03","slug":"check-your-bank-account-for-debit-order-fraud","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/219370-check-your-bank-account-for-debit-order-fraud.html","title":{"rendered":"Check your bank account for debit order fraud"},"content":{"rendered":"

Fraudulent debit orders are a big problem<\/strong><\/a> in South Africa, with nearly one million disputes lodged every month.<\/p>\n

Many of these fraudulent debit orders are for small amounts \u2013 typically under R100 \u2013 in the hope that the account holder will not notice the monthly deductions.<\/p>\n

These debit orders often happen when a fraudulent service provider gets their hands on your personal details, and use them to institute a debit order on your account.<\/p>\n

The practice has become such a problem in the country that the Payments Association of South Africa (PASA) had to step in<\/strong><\/a> to find a solution.<\/p>\n

In May, the organisation said it was close to implementing DebiCheck, a service which allows consumers to authenticate a new debit order before it is processed.<\/p>\n

This is as opposed to canceling an unauthorised debit order once it has gone through.<\/p>\n

Until the system is in place, though, South Africans are advised to check their bank accounts regularly for unexpected deductions.<\/p>\n

What consumers can do to get their money back<\/h3>\n

If you notice an unauthorised debit order, you have the ability to reverse the payments.<\/p>\n

Advocate Clive Pillay, ombudsman for banking services, told Radio 702<\/strong><\/a> that consumers who have fallen victim to this fraud should:<\/p>\n