Protect your business from fraud.
A free solution to help you prevent check fraud.We'll keep a close eye on checks issued by your business.
Fraud involving paper check forgery and alterations remains a concern for business owners. At WSB, we offer a multi-step process in which we identify suspicious checks and present them to your business for a final decision on payment.
- Each day, your business uploads a CSV or text file, through Digital Banking, listing all the checks you have issued and authorized.
- The file will include the check amount and check number for each item.
- You also have the option of manually keying issued items directly into Digital Banking.
- When a check is presented for payment, Positive Pay compares each check against your check issue file.
- If a check is not in your issued items list or if the check numbers and/or amounts do not match, the check payment will initially be denied.
- Information about the check will then be will be sent to your business, which can authorize or reject payment.
Benefits of Positive Pay
- No charge for the service
- Reduces the risk of financial loss
- Detects suspicious check activity
- Gives peace of mind knowing your account is protected
- Minimizes disruptions to your business operations
Need more information? See a list of our FAQs below.
To speak with someone about setting up a demo please contact:
| Miranda Guarino Deposit Services CSR (315) 222-7279 |
Makayla Horton Deposit Services CSR (315) 222-7233 |
Positive Pay FAQs
What is Positive Pay?
Positive Pay is a FREE effective and practical business solution that helps you guard against check fraud.
How does Positive Pay work?
As a business customer with Positive Pay, you simply upload a CSV or text file each day, through your WSB Digital Banking, listing all the checks you have issued and authorized including the check amount and check number for each item. You also have the option of manually keying issued items directly into your digital banking. When a check is presented for payment, Positive Pay compares each check against your check issue file. If a check is not in your issued items list or if the check numbers and/or amounts do not match, the check will be denied for payment at that time. Instant daily fraud protection.
Who is eligible to enroll in Positive Pay?
Positive Pay is available to WSB business customers only.
What is the cost for Positive Pay?
We care about keeping your business safe and are happy to offer this service FREE of charge.