Positive Pay
Preventing check fraud has never been easier.
What happens when a $100 check becomes a $1,000 check or when an out-of-order check number clears your account? Are you alerted? How do you know it’s happened? You still need to use checks, and you don’t have time to track every little detail every day.
The best way to protect your dealership against fraud is to have a plan in place before problems occur. Positive Pay is one of the most effective tools for stopping check fraud. It flags potentially fraudulent checks and automatically sends you a report to help prevent loss of money now and in the future.
Benefits of Positive Pay
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Time Savings
Save time and money by eliminating the manual check posting and comparison process.
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Secure
Increase check security with multi-factor precision verification of each check sent to the bank.
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Automated
Rest easy knowing checks created later in the day will automatically be included in tomorrow’s report.
