Protect Your Business Payments With Positive Pay
Positive Pay helps keep your payments safe, simple, and in your control.
Fraud can move quickly, and many businesses are looking for simple ways to stay protected. Check fraud and unauthorized ACH activity continue to increase nationwide, especially for small and midsize businesses.
Positive Pay helps your business detect and stop unauthorized payments before they post. With automatic reviews, clear alerts, and support from our local Treasury team, you can feel more confident in every check and ACH transaction.
Key benefits:
- Helps prevent check and ACH fraud
- Reviews payments before funds leave your account
- Sends text1 and email alerts when something needs your attention
- Adds an extra layer of security to your daily operations
- Supports your workflow without slowing it down
- Includes help from FCU’s local Treasury team
What Is Positive Pay
Positive Pay is a payment protection tool that reviews your checks and ACH transactions before funds leave your account. When something does not look right, the system alerts you so you can approve or decline the item. It is one of the most effective ways to help prevent fraud and protect your business finances. Positive Pay is available for businesses of all sizes and fits easily into your existing payment process.
How Positive Pay Works
Positive Pay compares each check and ACH transaction to the information your business provides. If the details do not match, you receive an alert in online banking. You can review the item, make a quick decision, and keep your account secure.
Most businesses can be set up quickly with help from our local Treasury team, making it easier to add protection without disrupting daily operations.
Positive Pay helps your business:
- Reduce the risk of fraud
- Review payments before they post
- Identify unusual activity quickly
- Maintain control over your accounts
- Stay focused on daily operations
Is Positive Pay Right for Your Business?
Positive Pay is a good fit if your business:
- Issues checks regularly
- Accepts ACH debits from vendors or partners
- Wants visibility before payments post
- Has limited time to monitor transactions daily
If one or more of these apply to your business, Positive Pay can help you stay in control with less manual effort.
Positive Pay Tools
Check Positive Pay
Check Positive Pay helps prevent altered, forged, or unauthorized checks from clearing your account. Your business provides FCU with a list of the checks you issue. When a check is presented for payment, the system compares the details to your records. If something does not match, you receive an alert and can decide whether to approve or decline the check.
Why businesses use Check Positive Pay:
- Helps stop fraudulent or altered checks
- Simple and automated comparison process
- Alerts for items that require review
- Protects against common check scams
ACH Positive Pay
ACH Positive Pay adds protection to your electronic transactions. You can allow certain vendors or payment types, block unauthorized debits, and review exceptions as they appear. It is an easy way to stay ahead of ACH fraud without slowing down your payments.
Why businesses use ACH Positive Pay:
- Helps reduce unauthorized ACH activity
- Customizable controls that fit your workflow
- Alerts when something does not match your settings
- Clear review process for any exceptions
Credit Origination Payment Services (COPS)
COPS helps your business send secure payments to employees, vendors, and partners while simplifying how outgoing payments are managed. It is ideal for payroll, recurring expenses, or one-time payments, and supports a more efficient payment process.
While COPS is separate from Positive Pay, it works well alongside your fraud protection strategy by helping you manage outgoing payments with confidence.
COPS benefits include:
- Secure payment origination
- Support for payroll and vendor payments
- Reduced reliance on paper checks and manual processes
- A more streamlined approach to payroll and vendor payments
- One secure process instead of managing multiple payment methods
- Reliable processing for recurring or one-time transactions
Positive Pay Tools at a Glance
Check Positive Pay
Features:
- Protects against fraud for checks
- Alerts for exceptions
- Best for businesses issuing checks
ACH Positive Pay
Features:
- Protects against fraud for ACH
- Alerts for exceptions
- Best for businesses using ACH
Credit Origination Payment Services
Features:
- Helps with outgoing payments
- Best for businesses using ACH
Our Treasury team is here to help you find the tools that fit your business. Most companies can be set up quickly with guidance from our local experts.
Positive Pay FAQs
DISCLOSURES
1. Text or data rates may apply.