The Positive Pay System (PPS) by the RBI enhances cheque security by requiring issuers of cheques over ₹50,000 to pre-register details like cheque number, date, amount, and payee name. This prevents fraud and ensures smooth cheque clearing through extra verification.
https://www.livemint.com/money/personal-finance/positive-pay-system-prevents-cheque-fraud-and-secures-high-value-transactions-sbi-bob-hdfc-indusind-icici-pnb-axis-11742887025969.html
