5 reasons why debit cards don’t work for loan collections in Ghana
Relying on debit cards for loan repayments in Ghana might just be a fast track to rising defaults and frustrated borrowers. Here’s why debit cards simply don’t work well for loan collections in Ghana.
How direct debit works in Kenya
This report provides a deep dive into the direct debit ecosystem in Kenya from 2019 to 2024. It examines the regulatory framework governing the system, identifies key players shaping its evolution, and explores the various use cases that have driven its adoption.
You can now activate your direct debit mandates in 1 minute
Our direct debit system is now equipped with E-Mandate, an addition that puts control directly in the hands of your customers. Gone are the days when you and your customers have to chase bank officers around to approve mandates.
GSI vs Direct Debit: Similarities and differences
To clear the air and empower lenders to make informed decisions, let’s dive into the nuances between GSI vs direct debit.