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In addition to providing you with a method of fraud prevention on your account, the positive pay system can also double as a reconciliation tool. As a result of you providing the bank with a list of issued checks, the bank is able to generate month-end reports that can aid with the reconciliation process.
ACH Positive Pay: ACH Fraud Detection ACH Positive Pay ACH Positive Pay is an online fraud mitigation service which allows you to manage ACH debits and credits posting to your business account via filters and blocks. How Does it Work?