Ask us about Positive Pay to help deter check fraud

Positive pay is a service provided by financial institutions to their customers. Clients enrolled in the program have special fraud detection services to protect their accounts. The system matches the date, check number, dollar amount, and payee of each check presented against a list provided by the company to protect against forged, altered, and counterfeit checks.

With Positive Pay, our system matches the details of each check - date, check number, amount, and payee - against the list your business provides. If a check doesn't align with this data, we'll notify you, holding the check until we receive your instructions to accept or reject it. 

Key Benefits of Positive Pay

• Reduces Fraud Risk: Deters unauthorized checks from clearing, protecting your account from potential fraud.
• Saves Time: Streamlines your review process by only flagging suspicious checks, saving your team valuable time.
• Improves Cash Flow Control: Gives you more control over outgoing funds by allowing you to approve or decline flagged checks.
• Minimizes Financial Loss: Detects discrepancies early to help prevent losses from fraud or mistakes.
• Offers Peace of Mind: Provides confidence that your business transactions are more secure, freeing you to focus on growth.