Positive Pay is one of the most powerful tools you can use to protect your company against ACH and check fraud
Check Positive Pay is an automated fraud detection tool that matches the account number, check number and dollar amount of each check presented for payment against a list of checks previously authorized and issued by the company.
ACH Positive Pay adds safeguards to only allowing approved companies to debit your account.
If differences or discrepancies are found, the check or ACH is flagged, and placed in the Positive Pay "Exception" list for you to review.
You can then determine whether the check or ACH should be paid or rejected.
It's a simple but powerful way to stop the most common types of check or ACH fraud.
Questions?
If you have questions, please visit our Help Center, or contact us for assistance.