Positive Pay
Help reduce exposure to check and ACH fraud through proactive monitoring and exception decisioning.
A fraud prevention solution that helps protect your business accounts.
Fraudulent checks and unauthorized ACH transactions can disrupt your operations and impact your bottom line. Positive Pay from Indiana Members Credit Union helps your business monitor transactions and make informed payment decisions with an added layer of control.
By comparing incoming transactions against your issued records, your team can identify potential discrepancies and take action to return fraudulent or unauthorized transactions.
Steps of Positive Pay:
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Submit a file of issued checks that includes check numbers, issue dates, payees, and dollar amounts.
- Presented checks and ACH transactions are automatically compared against your issued file.
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Receive electronic notifications when a transaction does not match your records.
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Review flagged transactions and choose whether to pay or return payment.1
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ACH Origination
ACH Origination improves your cash flow and simplifies your company's money management.
Remote Deposit Capture
Deposit large batches of checks from your office, anytime, with Remote Deposit Capture.
Wire Transfers
Send money across town or around the world with our wire transfers.
1Timely decisioning of exceptions by the member is required for Positive Pay. Failure to respond may result in return or payment per your settings.