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Positive Pay
Positive Pay
Enhance your transaction security with APCOB’s Positive Pay services. We empower you to proactively protect your financial transactions against fraud, ensuring peace of mind and trust in every payment. With Positive Pay, your financial interests are safeguarded, and your transactions are fortified against unauthorized activities, reinforcing our commitment to your financial well-being.
Enhanced Security with APCOB's Positive Pay System
To bolster cheque payment security, RBI introduced Positive Pay for CTS from January 1, 2021. APCOB extends this to cheques of Rs. 50,000+ from March 1, 2023.
Key Highlights:
- Advanced Security: Validate cheque details provided by customers against actual cheques.
- Dispute Resolution: Only compliant cheques accepted for dispute resolution.
Channels for Convenience:
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