Direct Debit

Creating a direct debit mandate
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
Creating a mandate schedule
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
Editing the schedule
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, 2 Feb, 2024 at 10:53 PM
Locating a specific user's direct debit mandate
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
How to Enable E-Mandate Direct Debit for Lenders on the Lendsqr Admin Console
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
How to confirm the status of a mandate
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
How to Require Direct Debit Mandate Creation During User Onboarding
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