Positive Pay and ACH Filtering
Protect your business from counterfeit check fraud and unauthorized charges with our Positive Pay and ACH Filtering service. This fraud-prevention service enables you to detect and mitigate the risks associated with fraudulent checks and ACH transactions.
Positive Pay
Positive Pay helps to block fraudulent or altered checks by identifying suspicious items and returning them with just a few clicks. You submit a list of issued checks in the Positive Pay system. When checks are presented for payment, Positive Pay matches them against your list of checks. This adds a layer of security for your business checking account, mitigating the risk of unauthorized transaction posting.
ACH Filtering
ACH Filtering allows you to monitor every incoming ACH debit posting to your account, or only those outside of the limits you have established for your known vendors. This allows you to automatically approve transactions from trusted vendors, and flag those that either exceed limits or originate from unrecognized sources.
The benefits of Positive Pay and ACH Filtering include:
- Reduced Financial Losses–with early detection of suspicious checks to save your business from costly losses.
- Streamlined Reconciliation–with easier tracking and matching of checks.
- Reputation Protection–with proactive fraud prevention that safeguards your business’s credibility.
- Peace of Mind–with timely monitoring of transactions.
Protect Your Business
Learn more on counterfeit check fraud, unauthorized ACH debits and how Positive Pay and ACH Filtering can protect your business. Fill out the contact form to speak with someone directly, or download our guide below for more information.