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Checkrun’s Positive Pay
Fraud Prevention Service

Combat check fraud before it happens. With Checkrun’s Positive Pay Service, it’s never been easier to protect your company from payment fraud and make sure your checks never fall into the wrong hands. 

Overview

Benefits of Positive Pay

Positive Pay with Checkrun

How it works

Key benefits

100% fraud detection

Resources

Overview

What is Positive Pay?

Positive pay is a fraud detection tool designed to protect and prevent check fraud for businesses. Positive Pay is a service offered by most banks to business clients to prevent check fraud. It can detect altered and counterfeit checks as the bank processes and recieves them.

Banks use positive pay to match the check issued by a company against the received checks the bank processes for payment on the businesses account.

Positive Pay compares and verifies the check number, account number, and dollar amount of each check your business issues to the checks presented for payment against your account. If the checks do not match, they will be sent back to the issuer to be reviewed and verified.

positive pay

Benefits

Why Positive Pay?

Check Verification

Every check presented for payment is automatically verified against client’s positive pay data. This includes checks presented at the teller line and those processed at the bank office. Positive pay will prevent payment of duplicate checks and protect against lost, stolen or altered checks as well.

Fraud Control

Positive pay dramatically reduces the chances of check fraud putting you ahead of the criminals.

The Decision Is Always Yours

Your business can always decide whether to accept the check or not. You have the final call with positive pay. It gives you the ability to easily monitor and make the payment decisions about your finances.

Positive pay with checkrun

Positive Pay with Checkrun

Checkrun offers an extensive Positive Pay library of bank formats that work with almost any bank in North America. Checkrun instantly converts the check data—from QuickBooks Online —into your bank’s positive pay specification. You can easily export the files for transmission or upload to the 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. 

We are the only check management application to integrate services for Positive Pay and also offer other levels of security for your protection:

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

How it works

Implement Positive Pay as you print 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 banks Positive Pay specifications for you to submit to your bank.

Checkrun comes pre-configured with over 200+ bank positive pay formats. As you print your checks – the positive pay information is captured and available to be downloaded in the required bank format for easy accessibility.

Positive Pay File Conversion

As you issue checks, Checkrun converts them from a wide array of possible client export formats into a single, positive pay format required by your bank.

Payee Positive Pay Compatible

Checkrun can generate positive pay files for payee name verification. The file includes a record of the date, amount, check number, account number, and payee name.

Key Benefits

Reduce fraud risk by taking greater control over your payments

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.

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

Simplify Positive Pay set up with your bank

Easily print checks - then download the positive pay file for your bank

Utilize over 200+ bank positive formats

QuickBooks preprints and blank check stock supported

Easy-to-use payment platform - never be locked into one payment type

100% Fraud detection

The best defense against check fraud

Positive Pay helps prevent check fraud by a digital confirmation with 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 protect your business against fraudulent activity and payments fraud.

The combination of our TruPrint blank check stock and Checkrun adds over 20 advanced security features to your checks including: secQR code, security fonts, microprint and more. Each check represents your corporate image and has the additional responsibilities of passing your bank’s processing stands and preventing fraud.

Resources

Keep your finances secure

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