Positive Pay is an advanced security solution that protects your business from check and ACH fraud. Your company can feel confident knowing that you can oversee and manage authorized transactions for payment.
Positive Pay
Who Can Benefit From This Solution
Positive Pay is available for businesses of all sizes that issue checks or process ACH transactions that want an extra layer of security for their payment processes. It’s especially beneficial for companies in high-risk industries or those with a high volume of transactions.
How Positive Pay Works
- You provide a list of issued checks and authorized ACH transactions, including check numbers, dates, amounts, and ACH details.
- Your list is then compared to the checks and ACH debits presented for payment.
- Any inconsistencies between your list and the presented transactions are identified for your review, enabling you to prevent unauthorized activity before it affects your business account.
Other Key Features
- Customizable Alerts: Receive notifications of potential fraud directly to your email or mobile device.
- Convenient Online Management: Manage Positive Pay through our secure online treasury management platform, making it easy to upload issued checks and authorized ACH transactions, view flagged items, and approve or reject payments in real-time.
- Streamlined Operations: Easily integrate Positive Pay into your everyday financial workflows to maintain secure, efficient operations.
Our Commercial Services team is here to help answer your questions and get you started!
Other Greater Nevada Business Services
Merchant Services
Our merchant services solutions enable your business to accept debit cards and all major credit cards at a very cost-effective rate.
Cash Management
Our cash management solutions include the ability to review your accounts, move funds, detect check fraud, manage payroll, originate ACH and initiate wire transfers, and generate reports to keep your business running smoothly.
Remote Deposit Capture
Our remote deposit capture solutions allow you to easily scan and deposit your business checks from the convenience of your desk or home office.
Benefits for Your Employees
Enhance your employee benefits by offering Greater Nevada Credit Union membership exclusively through our Commercial Services.
Ready to Grow with a Local and Trusted Financial Partner?
From business checking and savings accounts to business loans and services, Greater Nevada has your commercial banking needs covered. Click below to learn more about your options, or contact our Commercial Services team to get a no obligation conversation started.