Positive Pay

A Tool to Prevent Check Fraud

With check fraud on the rise, it is important to take every precaution to protect your business. Individual businesses have lost thousands of dollars due to check fraud, often from checks being stolen in the mail. The best way to prevent check fraud is to reduce the number of checks written, but there are some cases where checks are required. That’s where Positive Pay comes in! Positive Pay helps verify that the checks cleared match the checks you have written. However, there are cases where fraudulent checks can be missed. That is why it is extremely important to always review the check images as they clear to ensure they are legitimate.