Positive Pay
Protect your business from check and ACH fraud
Stay in control of your account by reviewing transactions and taking action when something doesn't look right.
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What is Positive Pay?
Positive Pay is an easy-to-use service that helps protect your business accounts from check and ACH fraud. It compares transactions against the checks you’ve issued or the ACH rules you’ve set, helping you spot suspicious or unauthorized activity so you can review items and decide how they should be handled.
Positive Pay Highlights
Fraud protection for your Business Accounts.
Peace of mind with added visibility into account activity.
Reduce losses by identifying and responding to unauthorized transactions.
How Positive Pay Works
Positive Pay helps you monitor transactions and take action when something doesn’t match your records or rules.
Check Positive Pay
1. Upload your issued checks in Online Banking.
2. Clearing checks are compared to your issued check list.
3. Differences are flagged as exceptions.
4. You are notified when a check needs review.
5. You decide to pay or return the exception.
ACH Positive Pay
1. Set rules for approved or blocked companies.
2. Transactions are compared to your rules.
3. Items that don't match rules are flagged as exceptions.
4. You're notified when a transaction needs review.
5. You decide how exception should be handled.
Positive Pay FAQs
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Payment fraud can impact businesses of any size. Positive Pay helps protect your accounts by adding an extra layer of defense against check and ACH fraud. It is easy to use and helps save time, effort, and money by reducing your exposure to unauthorized transactions.
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Positive Pay is a great fit for any business that issue checks, process ACH transactions, or wants added protection and visibility to help manage account activity.
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You will receive notifications when a transaction requires review, so you can quickly take action if something does not look right.
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You will review the transaction details and decide whether it should be paid or returned based on your records and business activity.
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Yes. Positive Pay helps you monitor both check and ACH activity by comparing transactions to your issued checks list or the rules you have set.
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No. Positive Pay is flexible, and you can choose to use Check Positive Pay, ACH Positive Pay, or both depending on how your business processes transactions. Our Business Services team will help you set up the option that fits your needs.
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Our team is here to help. Submit a contact form below and a Business Services team member will reach out to you.
