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Positive Pay System: Know how it prevents cheque fraud and secures high-value transactions
As scams grow more sophisticated, at least you have one less thing to worry about—cheque fraud. The Reserve Bank of India (RBI) implemented the Positive Pay System (PPS) back in 2021, which has ...
With rising cheque fraud cases, banks are stepping up security. The Positive Pay System (PPS), introduced by the Reserve Bank ...
The Reserve Bank of India introduced the Positive Pay System for banks in 2021.(REUTERS) How many times have we been haunted by news of bank frauds driven by blatant disregard for rules and ignoring ...
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