Can I Use Remita and Card For Collections?

Remita Direct Debit and Paystack Card Tokenisation can be used as collection instruments on Originate. 

Ensure that Remita and Card are set up as repayment services on the Loan Product on your admin portal. 

To set this up;

• Log into the admin portal
• Go to the Loan Products tab and select the loan product you want to edit
• Click on the Loan Attributes tab
• Select Requires Remita Direct Debit
• Under Repayment services select Card and Remita
• Click on the Continue button, once the next page is displayed, click on the Complete button to save your selection.

Please take a look at the video below for further clarification on how to set up card and remita for collections. 

Note: Customers will also be required to activate the Remita mandate. Kindly refer to this article for more information on how to activate the mandate.