Why was My Bank Account Debited by Fezotech

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There are a few possible reasons why you might have been debited by Fezotech:

You took a loan from one of Fezotech apps.

When you make a repayment on your Fezotech loan, the money will be deducted from your bank account.

If you’ve taken loan from any of these apps, you may be debited by Fezotech because they’re all it’s products: Kashcash, Cashbean, Truemoney, CashDey, GoMoni, Surecredit, CreditWise, MojaCredit, DIRECT Loan and SongaCash

You have a subscription to a Fezotech service.

Fezotech offers a variety of subscription services, such as its loan service and its financial literacy training program. If you have subscribed to one of these services, you will be charged a recurring fee.

You have made a purchase from a merchant that uses Fezotech to process payments.

Fezotech is a payment processor, which means that it allows businesses to accept payments from their customers.

If you have made a purchase from a business that uses Fezotech to process payments, you may see a “Fezotech” charge on your bank statement.

If you are not sure why you were debited by Fezotech, you can contact the company’s customer support team for assistance. They will be able to look up your account and tell you why you were charged.

Here are some tips to help you avoid being debited by Fezotech without your consent:

Be careful about what information you provide online.

Only give your personal information to websites and businesses that you trust.
Review your bank statements regularly.

Look for any unauthorized charges. If you see a charge that you don’t recognize, contact your bank immediately.
Be careful about what links you click on.

Phishing emails and websites often contain links that can download malware onto your computer. This malware can steal your personal information, including your bank account information.

Use a strong password for your bank account and other online accounts. Change your passwords regularly.

If you think you have been debited by Fezotech by mistake, you should contact your bank immediately and report the incident. You should also file a police report.

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About the Author: Femi Olawole

Femi Olawole is a seasoned blogger with interest on providing helpful Contents on online loan apps, Tech and Business.

4 Comments

    1. I paid off d loan I took frm u thru my husband’s account ( I used his atm card for d transaction) n I didn’t get a nee loan. Fezotech has deducted moni frm his acct on d 1st of Jan n am going thru hell here.

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