Positive Pay is one of the most powerful tools you can use to protect your company against check and ACH fraud  

The basics of Positive Pay are very simple: When you issue a batch of checks through your accounting program, each check has a certain profile - the date, the amount, the payee, and the account on which the check is drawn.  When you send an ACH payment, they also have a date, amount and payee. Those records are exported from your accounting program, and imported to the Positive Pay system. As those checks are deposited or ACH transactions go out and reach us for posting, we compared the details to the details you provided when it was issued. If differences or discrepancies are found, the check 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 fraud.

Questions?

If you have questions, please visit our Help Center, or contact us for assistance.