Combat check fraud before it happens with Positive Pay.

Positive Pay is a widely-used fraud detection tool that can help protect your business from unauthorized checks and fraud. It allows banks to detect altered and counterfeit checks before they are cashed. The system acts as a form of insurance for a business against fraud, losses, and other liabilities. Positive Pay is offered by most banks and ensures your money and your payments are protected.

Banks use Positive Pay to match the checks a company issues against those that are presented for payment. It does so by verifying the check number, account number, and dollar amount of each new check against your check issue file provided to the bank. In many cases it also matches the Payee name as well. If the check details do not match, it is sent back to the issuer for review and verification.

Checkrun offers an extensive library of Positive Pay formats that work with almost any bank in North America. We support two types of bank formats: Positive Pay File Conversion and Payee Positive Pay Compatible. Choose one or both, based on your bank’s requirements.

Checkrun’s Positive Pay Service helps prevent check fraud and strengthens internal controls by making it easy to generate and export positive pay files that are formatted to your bank’s specifications. It comes pre-configured with over 200+ bank positive pay formats and can support QuickBooks Pre-prints, Blank Check Stock, and our Print and Mail Service.

Checkrun is the leading check management application, integrating services for Positive Pay and offers other levels of security for your protection:

• Data encryption
• Workflow approval process
• Warning notifications
• User permissions
• Event logs
• Secure audit trails

As soon as you print your checks within Checkrun, all of the check data – from QuickBooks Online – is captured. Checkrun instantly converts the data into your bank’s positive pay specification. You can easily export the files from Checkrun for transmission or upload them to your bank.

The positive pay files include all of the pertinent details that the bank will use to protect your business from fraudulent activity and the risk of financial loss.

If you are implementing Positive Pay because of a recent fraud occurrence or because you are at higher risk of check fraud, Checkrun solves your problem by creating positive pay files as you print your checks.

Whether you are using QuickBooks Pre-prints, Blank Check Stock or our Print and Mail service, a positive pay file can easily be generated within Checkrun and formatted to your bank’s positive pay specification.

The combination of our TruPrint blank check stock and Checkrun’s Positive Pay Service adds over 20 advanced security features to your checks including: seQR code, security fonts, microprint and more.

Positive Pay with Checkrun protects you against check fraud and the hassles of positive pay file creation.

Positive Pay is the bank’s best defense to help prevent check fraud by examining every check presented for payment. Positive Pay compares and verifies the checks your business issues to the checks presented for payment against your account. The bank will notify you of any discrepancies.

When used together with high-security check stock, Positive Pay can dramatically reduce your businesses’ risk of fraudulent activity and payment fraud.

Positive Pay enables your business to stay one step ahead of criminals and protect your cash flow. Implementing strategies today to ensure protection in the future means less room for error. While every instance of fraud cannot be prevented, Positive Pay can dramatically minimize your risk and keep your finances safe.

Our ongoing commitment to advances in technology means you can count on us to secure your financial information. Learn more about our business services to manage your accounts payable, make secure payments, and grow your business.