Zil Money | Positive Pay | Knowledge Base

Positive Pay
How do I ensure checks are not cashed after being issued?
Zil Money offers a feature called "positive pay," which allows you to communicate check status to your bank. You can void checks, and the bank will not cash them even if they have been mailed out.
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.

Positive Pay