Positive Pay Cheque System to Go Live January 1, 2021. How will you inform your Bank?
Positive Pay Cheque System to Go Live January 1, 2021. How will you inform your Bank? #FinFiction Which Bank will be the first to rollout WhatsApp PPS Informaton channel? Banks have to provide multiple channels to account holders to inform about cheques issued from their accounts. The channels could be any one of the following depending on the respective banks processess Internet Banking Mobile Banking SMS ATM WhatsApp – Few Banks already active on WhatsApp Banking __ Google Assistant – Few Banks offering basic banking servies via Google Assistant Amazon Alexa - Few Banks offering basic banking servies via Amazon Alexa WhatsApp intimation channel looks simple and easy to use. Which Bank will be the first to offer WhatsApp intimatmation channel to it's customers ? Suggested process flow for Retial customers. Retial customers can be defined who issue less than 5 cheques from their bank accounts daily. The process f...