#ConsumerWatch: Standard Bank flags massive debit order scam
(World News South Africa)

It´s an amount that falls under many people´s radar - relatively insignificant, until you need it. The amount, R99, is commonly been under banks´ thresholds of notification, which became an enticing proposition for swindlers. Banking customers have griped about it for years, with seemingly little done by the industry. The excuse: we can´t do anything about the debit orders. But the argument has never sat well with customers, who say banks are the custodians of their cash so they should do more about security - and take responsibility for refunding when things go wrong. Last week, Capitec released a statement about a R99 scam it detected. Francois Viviers, the Capitec executive of marketing...