lendsqr

Direct Debit (DD) is a means of payments that allows an account holder to give permission to another entity (company, lender, etc.) to take money from their...

Remita DD is available for all lenders but based on request. To enable Remita DD as a repayment option, please contact growth@lendsqr.com. 

No. Remita DD would be activated automatically to manage your repayment on the date the loan is due.

Remita DD can be configured with cards to be used as alternate payment methods. Lendsqr will first try to repay an overdue loan with the debit card attached...

To activate Remita DD mandate for your business, you would have to make an official request to the sales team (growth@lendsqr.com) as your application would...

This happens when a current debit instruction has been sent to the bank to debit the user’s account before the card gets charged. For situations like this, ...

First bank, Stanbic IBTC, and Standard chartered bank are currently not available for Remita DD.

Below are some of the reasons why a user’s loan might be past due but money not taken. User has insufficient funds Users with bank accounts at GTBank and...

No, only Nigerian banks supported by Remita can be used for DD at this time. Below is the list of banks supported by Remita. Access Bank Plc  Citibank...

To set the loan amount multiple for a loan product,  follow the steps below. Login to Pecunia with your admin credentials. Navigate down to t...