Positive Pay
Reduce the potential of fraud with an integrated browser-based application that allows you to feel comfortable the checks and ACH transactions clearing your business account are authorized. Discrepancies between your records and items clearing your account are easy to identify and address in a secure environment.
Features
Positive Pay Module - Checks
- Easy upload of your issued check file in either a delimited or fixed length file to a secure web site.
- File format flexibility for compatibility with customer A/P software.
- Exceptions reviewed for a pay or no-pay decision with simple verification of payee through check imaging.
Negative Pay Module - Checks
- All clearing items viewable on secure web site.
- No-pay decisions are marked as all items are defaulted for payment.
ACH Debit Block (ACH Positive Pay)
- Unauthorized transactions are blocked before the funds clear the account.
Extensive Reporting Capabilities
Security
- Administration set up by business allow for creation and control of User IDs and passwords.
