Protect your business from check fraud before it impacts your bottom line. Positive Pay helps identify potentially fraudulent checks before they clear your account, giving you greater control over payments and helping safeguard your cash flow.
Benefits
- Detect potentially fraudulent checks before they clear your account
- Reduce the risk of losses from counterfeit, altered, or unauthorized checks
- Review and make payment decisions on flagged check exceptions
- Strengthen your business fraud prevention strategy and protect cash flow
How it works:
Checks presented for payment are matched against the check information your business has authorized and issued, including the check number, date, payee, and dollar amount. Any discrepancies are flagged and presented for your review before the item is posted to your account.
