RBI Allows Beneficiary Name Verification for RTGS, NEFT Transactions to Curb Frauds
Payment systems like UPI and IMPS already provide a facility to the remitter to verify the name of the receiver (beneficiary) before initiating a payment transaction.
Payment systems like UPI and IMPS already provide a facility to the remitter to verify the name of the receiver (beneficiary) before initiating a payment transaction.
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Subhashree
Hi, This is Subhi.
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