PREVENT CHECK FRAUD
POSITIVE PAY SERVICE
WHAT IS POSITIVE PAY?
Positive Pay is a check fraud detection service for our business customers that reviews checks at the point of presentment and prevents them from being paid if they were not authorized by the business. Any check considered fraudulent is sent back to the issuer for examination.
DID YOU KNOW CHECK FRAUD IS THE SECOND LARGEST CATEGORY OF FINANCIAL FRAUD?
WHY POSITIVE PAY?
Businesses are the primary targets of check fraud professionals. With annual losses estimated to be in the billions of dollars, these losses are steadily growing as criminals are learning new and improved ways to commit fraud.