DebiCheck

At Liyana Finance, we are committed to offering secure and transparent payment solutions that align with South African regulations. DebiCheck, introduced by the South African Reserve Bank, is an authenticated debit order system that ensures customers have full control over their debit order transactions.

Our Commitment to DebiCheck Compliance:

• Customer Authorization: Every DebiCheck debit order is authorized electronically by the customer upfront, ensuring that no unauthorized deductions occur.
• Security and Transparency: We prioritize the safety of your financial information and ensure that all DebiCheck transactions are processed in a secure and transparent manner.
• Convenience and Control: Customers can approve DebiCheck mandates using their bank’s electronic channels, offering flexibility and control over recurring payments.

How It Works:

• When you agree to a new debit order, you will be required to confirm and authorize the transaction using your bank, USSD, or internet banking.
• This process ensures that you have a clear understanding of the payment terms and that the debit order is only processed with your explicit approval.

Your Rights with DebiCheck:

• You have the right to review and approve every DebiCheck mandate before it becomes active.
• You can manage and track your active DebiCheck mandates through your bank’s online services.

We are here to guide you through the DebiCheck process and answer any questions you may have. For assistance, please contact our support team at info@liyanafinance.co.za or (012) 004 0889.

Liyana Finance is proud to support DebiCheck as part of our commitment to ethical, customer-centric, and regulated financial practices.