Positive Pay
Protect your business for peace of mind
Positive Pay
Protect your business for peace of mind
Safeguard your business from fraud
You should be doing everything you can to protect your business against tech-savvy criminals. That’s why you need Positive Pay in your cash management services tool belt. It’s an automated service designed to safeguard your business and commercial accounts against fraud, saving you money and time.
The easy-to-use verification service helps to minimize forged, counterfeit and altered checks, and unauthorized transactions including ACH. You can approve and return unauthorized transactions, identify fraudulent items as they first surface in your accounts, and be protected against payee alteration.
Two Key Types of Positive Pay:
- ACH Positive Pay: Protects your business from unauthorized ACH transactions.
- Check Positive Pay: Ensures only checks you have authorized are processed for payment.
Positive Pay provides greater control and visibility, and with increased monitoring of your transactions, significantly reduces the chances of financial loss and business interruption. There’s something to be said for peace of mind. Visit your local Passumpsic Bank branch or call us today to make an appointment to start protecting your business.