UNAUTHORISED DEBIT ORDER

I noticed an unauthorised debit order on my account with the reference (Y2KCONNECT********* NETCASH) dated 30 Apr 2022. Upon further investigation, I contacted *netcash (pty) Ltd on *** and requested proof of where I authorised the debit order.

I have never heard of Y2KCONNECT (*** ***) nor have I ever authorised any payments towards them. What infuriates me even more is that companies like Netcash (Pty) Ltd will load debit orders on unsuspecting individual accounts without the proper proof of authorisation. This is blatant theft!

I have reversed this transaction on my account and will keep monitoring to see if they will debit the amount in the future.