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Banks have been given a 12-month extension to fully implement the DebiCheck system which is meant to stem out rogue debit orders.
Payments Association of South Africa has warned consumers to be cautious when sharing personal information which can be used by fraudsters to make unauthorised debit orders.
Debit order disputes have increased significantly over the last three years, according to the Payments Association of South Africa.
Thursday will be the final opportunity for the bill to be passed by the National Assembly.
South Africans have been paying the piper - and others they didn't mean to pay - via debit order, but that's about to change, says the Payments Association of South Africa.
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