Bitventure

The transition to RM is fast approaching, and waiting to migrate will lead to a major loss of capital. Here's how to mitigate the potential impact: 1️⃣ Register DebiCheck mandates to maximize collection success rates. 2️⃣ Review your collection processes by assessing the impact of RM’s later processing window on your success rates. 3️⃣ Equip your team with the knowledge and tools to handle RM and DebiCheck mandate authentication effectively. 4️⃣ Integrate TT3 EasyPOS devices into your processes for smoother DebiCheck collections. 📩 Let Bitventure guide your transition. Sign up for email communications today! https://lnkd.in/dsxECfS9 #RMStoRM #RMTransition #DebitOrders #FinTech #PaymentCollection

Transitioning to RM and DebiCheck requires more than just technical adjustments – it needs empowered teams. At Bitventure, we offer in-depth training for your agents, ensuring they have the skills to navigate authentication challenges with ease. But it doesn’t stop there. Continuous consultation and support are key to long-term success, keeping systems running efficiently and processes aligned with your business goals. Set up a free consultation with Bitventure and prepare for a seamless transition. 📩 Sign up for email updates to continue learning everything you need to know about the RM migration. https://lnkd.in/dsxECfS9 #RMTransition #DebiCheck #TeamTraining #BusinessSupport #FintechSolutions

Good news! The NPSD has extended the deadline for the separation of the Registered Mandate Service (RMS) from DebiCheck to 12 May 2025. This extension offers your business a valuable opportunity to refine your processes and ensure full compliance ahead of the final deadline. Please note that no further extensions will be granted beyond 12 May 2025. Now is the time to ensure your RMS collection process is fully prepared. Bitventure is here to help; reach out to our team for expert support in navigating these regulatory changes. 📩 Sign up for email updates on the RMS to RM migration at the link: https://lnkd.in/dsxECfS9

The path to payment collection success is about choosing the right approach. Here are three strategies for DebiCheck mandate authentication during the transition away from RMS: 📌 Option 1 (Highest Success Rate – 99%) Use SMS to notify customers to visit a service facility with their card for TT3 Mandate authentication via EasyPOS. 📌 Option 2 (Above Average Success Rate) Telephonically guide customers to accept a real-time TT2 DebiCheck Mandate during the call. 📌 Option 3 (Low Success Rate) Send batch SMS notifications to customers for TT2 batch DebiCheck Mandates within 24 hours. The choice is yours – success depends on strategy! Want to maximize your success rate? Set up a free consultation with Bitventure today. Follow this link to sign up for email updates on the RMS to RM migration: https://lnkd.in/dsxECfS9

Simplify in-store customer onboarding with TT3 EasyPOS, our real-time face-to-face mandate authentication solution. 🔹 Immediate Approval: Customers authenticate on the spot via a simple tap. 🔹 Minimal Issues: Out of 1.3M mandates, only 1.3% face challenges (0.3% technical, 1.0% behavior-related). 🔹 Enhanced Customer Journey: TT3 ensures secure, seamless onboarding. 📩 Set up a free consultation with Bitventure today! #DebiCheck #RMTransition #DebitOrders #FinTech #PaymentCollection

In the transition from RMS to RM, DebiCheck continues to be the gold standard for authentication and success rates. Unlike RM, Debicheck has first access to funds in the early collection window, and maintains the 24-hour tracking window that RMS offers. With its early collection window and secure authentication, DebiCheck remains unmatched, minimising disputes and increasing reliability. Want to learn more about DebiCheck? Keep an eye on our socials to make informed decisions in the upcoming transition. 📩Sign up for email updates to ensure you’re prepared for the migration. https://lnkd.in/dsxECfS9 #DebiCheck #DebitOrders #RMStoRM #PaymentCollection #Fintech #PaymentSuccess

The transition to RM is changing South Africa’s payment landscape. Here’s how RM compares to RMS: ⏰ Collection Times: RMS is in the early window just after the Debicheck window, Whereas RM is in the late window just before EFT collections. 🔀 Tracking: RMS offers 24-hour tracking, while RM provides less frequent tracking with a 12-hour window. Tracking occurs over a 10-day period for both. 👤 Mandates: RMS requires a failed DebiCheck response to proceed, but RM allows direct initiation. 📑 Expanded Scope: RM supports juristic entities and multi-signatory accounts, making it more versatile. RM has its benefits, but where it has its downfalls is where it finds aid from a third collection option – DebiCheck. More on that in the next post! 📩 Follow along on our socials to stay informed, or follow the link to sign up for detailed email updates on the migration. https://lnkd.in/dsxECfS9 #RMStoRM #RMTransition #DebitOrders #FinTech #PaymentCollection

Exciting times ahead! The Bitventure team is attending SAFIS 2025 at The Galleria in Sandton. We’re eager to connect with industry leaders, explore the latest in financial innovation, and showcase how our cutting-edge solutions are transforming the fintech landscape. If you’re attending, let’s connect and discuss how we can drive financial success together! #Bitventure #SAFIS2025 #FintechInnovation #Networking #FinTech

The South African Reserve Bank (SARB) is spearheading payment modernisation by encouraging the adoption of RM as the preferred mechanism for late-window collections. This shift not only ensures ISO compliance but also paves the way for the potential phasing out of EFT debits, aligning the payment system with global best practices. Stay informed as South Africa takes a major step toward a future of seamless, secure, and efficient payments. 📩 Sign up for updates on this transformative migration. https://lnkd.in/dsxECfS9 #ModernPayments #RMTransition #DebitOrders #FinTech #PaymentCollection

💃🎶 And Then… We Partied Like Rockstars! 🎶🕺 After a night of inspiration, recognition, and celebration, we hit the dance floor with our incredible customers, partners, and colleagues—and we didn’t stop until dawn! 🌅🎉 The energy was electric, the music was unstoppable, and the joy was unmatched! From heartfelt speeches to unstoppable moves on the dance floor, this was more than just a celebration—it was a moment to appreciate the journey, the friendships, and the incredible culture that make Bitventure what it is today. 🎭✨ A night of magic, recognition, and pure joy—here’s to many more! 🥂 #DanceFloorLegends #RockstarCelebration #Partnerships #Teamwork #WorkHardPlayHard #FinTech EasyDebit Payment Solutions (Pty) Ltd Ferox Creative