Positive Pay

From cyberattacks and identity theft to financial scams and deceptive practices, businesses are constantly faced with numerous threats that can severely disrupt their operations, jeopardize their financial stability, and damage their reputation. Fortunately, our Check Positive Pay service designed for businesses of all sizes, provides an effective response to fighting fraud.

What is Check Positive Pay?

Check Positive Pay is a robust preventative tool designed to safeguard your accounts against potential monetary losses linked to fraud. Positive Pay works to protect businesses like yours against fraudulent activity.

How does Check Positive Pay work?

The concept behind Check Positive Pay is simple, yet highly effective. To initiate the process, simply enter or upload the issued check information into your online banking platform. From there, Positive Pay will swiftly authenticate the validity of checks submitted for payment. This includes key details such as the check's serial number, issuance date, dollar amount, and payee. Orrstown Bank then compares this information with checks presented for payment against your business' account. Any "suspicious" items (those presented without a corresponding issue) are immediately flagged, and you, the client, are promptly notified via email alert. Through use of online banking, you can choose to allow the payment if it is legitimate or dishonor the item to stop any fraudulent activity from impacting your business.