However, the decline of cheque usage has to be carefully managed so that the unwarranted ramifications such as slippage to cash based transactions and inconvenience to vulnerable segments of the customers having no access to alternative electronic modes of payments are avoided. Why expand CTS if cheques are to be discontinued?
Cash processing and the fight against counterfeiting First of all, I should like to share a few thoughts on cash processing and the fight against counterfeiting with you.