DebiCheck is a seamless way for you to collect funds from your customers on a recurring basis. DebiCheck facilitates the fund collection process by initiating a mandate between you and your customer and then subsequently collecting on that mandate. The authorised agreement is between you and your customer for a subscription service. The agreement will be facilitated and maintained via the Stitch API. The collection process will be facilitated via Stitch using an SFTP-based file sharing protocol.
The DebiCheck process involves two steps: