Verify Beneficiary Details Instantly for Free in RTGS & NEFT Payments!
In a significant move aimed at enhancing security and accuracy in digital payments, the Reserve Bank of India (RBI) has announced the introduction of a name verification feature for beneficiary accounts. This feature will be available for transactions conducted through the Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems. The RBI’s […]