What is Positive Pay?
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‍Positive Pay is a security feature that helps detect and prevent both check and ACH (Automated Clearing House) fraud. When you issue checks or initiate ACH transactions, you provide Solera with a list of transaction details (such as check number, date, amount, and ACH transaction details). We then verify each transaction presented for payment against this list. If any discrepancies are found, the bank alerts you before processing the payment.

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Benefits for our Customers
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Enhanced Security: Protects your account from fraudulent checks and ACH transactions by ensuring only authorized transactions are processed.

Peace of Mind: Reduces the risk of financial loss due to check and ACH fraud, giving you greater confidence in your banking transactions.

Quick Detection: Identifies discrepancies early, allowing you to take prompt action to prevent unauthorized payments.

Streamlined Process: Simplifies the monitoring of your issued checks and ACH transactions, making it easier to manage your finances.