/What is positive pay? Why would I need it?

What is positive pay? Why would I need it?

Positive pay is a cash-management service employed to deter check fraud. Banks use it to match the checks a company issues with those it presents for payment. Any check considered to be potentially fraudulent is sent back to the issuer for examination. It normally takes about 30 days to fully set up your positive pay program with your bank.

By |2018-08-30T13:09:15+00:00April 18th, 2017|Comments Off on What is positive pay? Why would I need it?

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