Direct Debit
As a Lender on Lendsqr, you can create a mandate to collect funds that were booked outside the Lendsqr ecosystem. This can be done by creating a direct deb...
Sat, 3 Feb, 2024 at 3:36 PM
Direct debit mandates offer flexibility by enabling you to supplement existing schedules within a signed mandate. This feature is particularly useful when y...
Wed, 31 Jan, 2024 at 8:40 PM
A mandate schedule can be easily modified on the Lendsqr admin console after it is created. This involves making changes to the details of the mandate after...
Fri, 1 Nov, 2024 at 12:30 AM
After a user has signed/created their Direct debit mandate, you can find the mandate on the user’s profile. Use the steps outlined below to locate a us...
Sat, 2 Mar, 2024 at 11:36 PM
Direct debit has been a convenient feature in our system for some time now. While you can refer to our previous articles for more details, we acknowledge th...
Wed, 31 Jan, 2024 at 9:08 PM
You can check the status of any mandate created by yourself or your customers. To do this, take the following steps: 1. Log in to your your Lendsqr Admin c...
Sat, 30 Mar, 2024 at 9:41 PM
If your organization uses direct debit for payments, you may want to require new users to provide a direct debit mandate when signing up. This ensures ...
Thu, 4 Apr, 2024 at 4:16 PM
We are excited to announce enhancements to our mandate activation process, designed to make it easier for you to track progress and provide better insights ...
Fri, 1 Nov, 2024 at 12:28 AM
Sometimes, you might need to deactivate a direct debit mandate that has been activated previously but could be reactivated later. Whether it's for tempo...
Fri, 1 Nov, 2024 at 12:21 AM
Direct Debit is a convenient way to automate loan repayments, ensuring timely debits directly from a borrower’s bank account. However, there may be instance...
Fri, 1 Nov, 2024 at 12:22 AM