Detect and prevent fraudulent transactions
Positive Pay
Protect your business from unauthorized transactions
Positive Pay is a fraud detection tool that can help protect your business from unauthorized checks and ACH debit transactions. Checks and transactions that have their payment amounts altered or come from stolen check stock will be flagged. It’s an easy way to prevent fraud and monetary losses.
Mountain America offers two options—Check Positive Pay and ACH Positive Pay. Choose one or both, based on your business needs.
Get started
To learn more or sign up for Positive Pay, meet with a business advisor today—visit your nearest Mountain America branch or call 1-888-845-1850.
How Check Positive Pay works
- Create an online file with each check’s issue date, serial number and dollar amount.
- Mountain America will verify the checks and notify you if any records do not match.
- You can return any mismatched items.
How ACH Positive Pay works
- Create a white list of companies that are approved to debit your account.
- Mountain America will notify you if an unapproved company debits your account.
- You can return the item or add the company to your white list.
Positive pay FAQs
Is Positive Pay necessary?
All businesses are candidates for payment fraud. Positive Pay is a great defense against counterfeiting. It is easy to use and can save you time, effort and money by reducing the potential for fraud.
What are the benefits of ACH payments?
- Speed and convenience
- Low cost
- Security
- Faster processing time
How do you use Positive Pay?
Check Positive Pay will match checks issued by a company with checks it presents for payment. If the checks do not match, then you will be notified. ACH Positive Pay will check the companies approved to debit your account. If an unapproved company tries to debit your account, you will be notified.
