Positive Pay
Positive Pay is an automated fraud protection tool for paper checks by comparing check data to your electronic files including:
- Account number
- Check number
- Check amount
- Date
Benefits of Positive Pay
- Checks are paid for only the correct amount
- Altered or past-date checks are stopped before payment
- Option to electronically void problem checks and immediately issue replacements
When Positive Pay identifies checks with altered amounts or checks that are older than 180 days, they are stopped before payment. You can even electronically void problem checks and issue replacements.
Have questions or need help with Positive Pay?
