The Only Thing You Should Worry About… is Your Business,
Not Your Checks.
In a world where fraudsters are always looking for an opportunity, your business doesn’t have to be the target. With Positive Pay Check Fraud Prevention, you’re not just securing your checks; you’re securing your future.
What is Positive Pay?
Positive Pay is an automated technology that monitors checks processed for payment. Positive Pay not only empowers you to reject unauthorized transactions, but also identifies potentially fraudulent payments that businesses can then approve or reject.
What does Positive Pay Offer?
- Visibility to checks flagged as potentially fraudulent (exceptions)
- Efficient and convenient access to decision check exceptions on desktop and mobile devices
- Check issue management from uploading to reconciliation
- Notifications indicating exceptions are ready review
- Pending cut-off notifications if any exceptions are awaiting decision
- The ability to quickly identify suspicious items
Do you have to have special equipment or software?
No! We set up a Business Cash Management Online Banking account that allows you to upload your files of issued items or manually enter items into the system as you issue them. They system then verifies the item when the check is trying to clear the account. If there is a discrepancy, the item will reject and you have the option to pay after reviewing. If you do not approve the item, it will be returned back to the depositing bank.
Who to do I contact for more information?
Contact your Citizens State Bank Digital Banking Department at ebanking@csbnet.net, or contact us.
Call us at 715-386-9050 and ask for Digital Banking.