FAQs about Lendsqr Payments

Frequently asked questions about how Lendsqr manages payments and transfers for lenders.

Can you debit an account with Remita direct debit?
Lendsqr is integrated into the SystemSpecs Remita direct debit infrastructure which allows borrowers to repay their loans using Remita.  For this to hap...
Sat, 28 May, 2022 at 8:22 AM
What is Partial Debit?
Partial debit refers to a transaction in which only a portion of the available funds in a financial account is debited to cover the cost of a purchase or pa...
Fri, 13 Oct, 2023 at 1:29 PM
Nigerian banks supported by NIBSS Direct Debit (NIBSS DD)
Direct debit from NIBSS is one of the most reliable payment methods that Lendsqr supports. Here is a comprehensive list of the Nigerian banks supported by N...
Tue, 13 Aug, 2024 at 6:31 PM
How to view Lendsqr Direct Debit mandates on the admin console
Q: Why can’t I see my recently created direct debit mandates on the admin console? A: If you are unable to view your direct debit mandates on the admin ...
Fri, 9 Aug, 2024 at 11:52 AM
Why Can’t My Customers See Previously Created Mandates During Their Loan Application?
If your customers encounter difficulties in viewing previously created mandates during their loan application, it might be due to a few reasons. A common is...
Thu, 14 Nov, 2024 at 11:19 PM