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Debit order & Debicheck
Monthly collection of premiums and electronically authenticated debit order mandates
Debit orders are payment instructions typically used for the monthly collection of premiums on insurance policies, subscriptions, etc. Vumisa SA's Debit Order System, caters for small, medium and large enterprises and can be tailor made specific to integrate with any CRM or run as a standalone system.
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FlexibilitySame Day or Two Day Services, Including recurring and once off Debit orders |
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No LimitsWe can process anything from one to one million transactions per month |
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Plug and PlayOnly internet needed to process transactions |
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Transaction visibilityCustomer level transaction tracked codes And recorded |
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e-MandatesObtain clients legal authority via secure and convenient process |
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Modulus CheckerAutomatic validation of branch and bank account details |
DebiCheck is an electronically authenticated debit order mandate. The objective thereof is to protect customers, allowing them to approve debits against their accounts before the debit order is presented for collection, adding an extra layer of security and preventing fraudulent transactions.
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Improved CollectionsClient authorisation on debit orders cannot be disputed |
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Transaction TypesTT1 – Real Time and Delayed TT2 – Batch processing |
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Seamless IntegrationSystem to System integration or standalone Collections system available |
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Transaction visibilityCustomer level transaction tracked codes And recorded |
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Mandate Store24/7 access to stored mandates on secured dedicated server. Upload and Download |
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Modulus CheckerAccount verification services to enhance collections |