0          

Home  ׀  Contact Us  ׀  SOAR Login  ׀  Site Map

  
                             
 
Products & Services Client Service News & Events About Us Resources
 
 
       
  Client Service  
       
  Additional Resources  
 
 

Positive Pay

  

Additional Information
       
    With daily reconciliation, Positive Pay offers the highest level of security and protection against fraud such as altered checks, counterfeit checks, checks from stolen stock and valid issued checks that were stolen.

Positive Pay is an automated check matching service that compares checks presented for payment with checks you've issued, giving you the chance to review checks that don't match to your Issued File and make pay or no pay decisions.

After you have issued checks (before distribution), you provide a report of those checks to Solutran. The report, or Issue File, contains critical information such as check numbers, dates, dollar amounts, and account numbers.

When the checks are presented for payment, Solutran compares each check to the Issued File. If the information on the check is not identical to the entry in the Issued File, the check is not paid until you provide approval.

By incorporating Positive Pay into your disbursement strategies, you can substantially limit your exposure and potential liability for check fraud.


 

   - Double PostCard Check

- Positive Pay

 

Sample Reports

To request a sample report, or for more information, please email solutions@solutran.com or your sales representative.

 
 
     
       

 

      
       

 
 
   

Phone: 763.559.2225     Fax: 763.559.8872     Email: solutions@solutran.com

  
    © Solutran, Inc. All Rights Reserved. Terms & Conditions

Products & Services  ׀  Client Service  ׀  News & Events  ׀  About Us  ׀  Resources  ׀  Contact Us  ׀  Site Map