What Is Positive Pay?
Positive Pay is a fraud prevention service that helps protect your business by monitoring outgoing checks and ACH payments. It works by comparing each transaction against a list of payments you’ve authorized, helping stop unauthorized or altered items before funds leave your account.
Positive Pay FAQs
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Positive Pay is a fraud prevention service that helps businesses detect and stop unauthorized check and ACH transactions before they clear the account.
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Yes. Positive Pay can help monitor both check and ACH transactions, depending on your service setup.
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Positive Pay compares presented transactions against a list of authorized items and flags any mismatches for review.
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Yes. When an exception is flagged, your business can review the item and decide whether to pay or return it.
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Positive Pay is ideal for businesses that issue checks or ACH payments and want added protection against fraud.