Averting R99 debit order scam a challenge for banks

Bank account owners have been alerted of the R99 debit order scam as criminals use sophisticated methods to gain access to bank accounts.

702's Xolani Gwala spoke to Walter Volker, CEO of Payments Association of SA, on various scams used by criminals using debit order deductions.

Listen to the interview below:

...People will call you and offer you a fantastic product. Then they will get your account details and start deducting funds in that way,

Walter Volker, CEO of Payments Association of SA

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