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Zee News As per the new Positive Pay System, the issuer must electronically transmit certain information to the drawee bank via SMS, mobile banking, internet banking, ATMs, etc., such as the beneficiary's name, the date of issue, etc. Later, while processing payments, the details will be double-checked. https://ift.tt/qj4SxTH September 01, 2022 at 10:17AM As per the new Positive Pay System, the issuer must electronically transmit certain information to the drawee bank via SMS, mobile banking, internet banking, ATMs, etc., such as the beneficiary's name, the date of issue, etc. Later, while processing payments, the details will be double-checked.

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