File: Capitec said it will refund over 25,000 customers.
JOHANNESBURG - Capitec customers are up in arms over unexplained debit orders.
They've raised concerns about the "mysterious R99 debits".
A report has shown that as many as R750,000 may have been fraudulently debited across the country’s five major banks.
The report highlights that these debit orders come to a total of R74-million.
In response, Capitec says it has reduced the minimum value that triggers an SMS notification from R100 to R30 so that its clients are informed of smaller debits from their accounts.
The bank said it will refund over 25,000 customers.