Positive Pay is an automated check fraud detection tool. This service matches the company account number, check number and dollar amount of each check presented for payment against a list of authorized checks issued by your company. Unless all three components of the check match exactly, you are notified regarding the discrepancies.
TSS now works directly with RynohLive to offer an additional Positive Pay option with automated fraud detection and monitoring alerts. Positive Pay may be set up through TSS or RynohLive, depending on which option best suits your needs.
Send an e-mail message to sales@iwantTSS.com or view the Auto Clear and Positive Pay Data Sheet for additional information.