UNDERSTANDING DEBICHECK

“South African consumers should still peruse their bank statements for irregularities regarding debit orders, because the new system is definitely not scam-proof,” says debit order expert and lawyer at NuDebt, Brian Blignaut. Blignaut’s words of caution follow the implementation of the South African Reserve Bank’s (SARB) Authenticated Collections Debicheck system on May 1. The project…

SURPASS YOUR DEBT COLLECTION TARGETS

Use eColls™ to surpass your Collection Targets and ensure you have sufficient cash in the bank to meet your working capital requirements.NuDebt is not your typical EDC (External Debt Collector). Incredible data sciences, analytics, technology, innovation and world class credit controllers are employed to assist customers to surpass collection targets.Collections is certainly the most important…

WHY OUTSOURCE YOUR DEBT COLLECTION?

To manage credit best and ensure sustainable cash flow, start by measuring what matters. No cash flow – no business. Stay in regular contact with your customer base. Understand their needs, expectations, queries and reasons for non-payment. Remember, people change their contact details frequently – so stay abreast of your customers’ contact details. Provide your…

POPI ACT: PROTECTION OF PERSONAL INFORMATION ACT

All South African businesses need to comply with this act on 1 July 2021.  All companies will need to obtain permission from clients before they can robocall, email, WhatsApp or SMS them. A company may not sell personal and business information to a third party.  Companies have accumulated large data bases of contact details of…

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