What is Positive Pay?

What is Positive Pay?

Positive Pay is a fraud prevention tool that verifies check details with the bank. It costs $199 per month, and banks may charge an additional fee of around $45–$50 per month. The system also automatically updates banks on voided checks.

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      Positive pay is a fraud prevention service offered by banks. It's a helpful tool for businesses against check fraud. Businesses can provide their banks with a list of checks issued with the check number, date, and amount. So when a check is presented ...

    • How to export the Positive Pay file?

      Step 1: Log in to Online Check Writer and go to Bank Accounts. Step 2: Click Positive Pay in the top right corner of the page. Step 3: Click on the REQUEST NOW button. Step 4: The customer support team will verify and enable the feature. Step 5: ...

    • What is the use of positive pay?

      Positive Pay is a service that provides fraud detection for checks by ensuring that only authorized checks are cleared by transmitting a list of issued checks to the bank via API, FTP, or Excel sheet upload. The system immediately notifies the bank ...

    • How to set the positive pay to protect your check from fraudulent activities?

      Step 1: Log in to Online Check Writer and go to Bank Accounts. Step 2: Click the Positive Pay in the top right corner of the page. Step 3: Select the Bank and click the Set Positive Pay button. Step 4: Fill in the Details and click the Save button.

    • Can I use Zil Money’s virtual cards for payments via Apple Pay or Google Pay?

      Yes, you can add the virtual cards to Apple Pay, Google Pay, or other digital wallets to process payments using NFC (Near Field Communication).