DebiCheck is a new authorisation process implemented by all South African banks to reduce fraudulent debit order activity. It gives you control and peace of mind as all of your debit orders require you to verify them.
By enrolling with DebiCheck, you can securely approve debit order requests and prevent fraudulent debit orders from coming off your account - giving you total peace of mind when applying for a loan.
Approving a DebiCheck mandate is simple! When arranging a new debit order or applying for a Wonga loan, you'll need to accept a DebiCheck mandate authorising payment from your account.
To do this, you'll need to approve the mandate you will receive from your bank through online banking, mobile (app) banking, or USSD.
Our helpful guide can assist you should you need to approve a mandate - detailed instructions are available for customers banking with ABSA, FNB, Nedbank, Capitec, and Standard Bank.
What benefits does DebiCheck offer you?
Puts you in control.
You can personally verify all debit order transactions through banking channels.
Gives you peace of mind.
You can view, cancel and challenge debit order mandates at any time.
Reduces risk of fraud & debit order abuse.
Only verified debit orders will go off your account.
Puts a final application step in your hands.
You’ll need to approve your Wonga DebiCheck mandate for every application.
Once off authorization.
You only need to confirm your debit order information at the start of a contract (once-off) saving you time and effort. If anything changes, you would need to approve a once-off mandate for settlement.
Have access to a banking platform
You’ll need to be able to approve a DebiCheck mandate through USSD, a banking app, email, online banking, ATM, or in a branch.
Rely on your bank
You’ll need to rely on banks to send the mandate authorisation to complete your loan application.
Up-to-date contact details
You’ll need to ensure that the contact details on record at your bank are correct and updated.
