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Positive Pay

Advanced Fraud Protection for Your Business

With fraud on the rise around the country, Salal’s Positive Pay provides powerful tools to protect your business from the loss of valuable time and money.

Positive Pay is simple and convenient to use, giving you automated alerts when potentially fraudulent activity is detected, allowing you or your team to review the flagged check or electronic transaction and decide whether to make or reject payment.

Features

  • Detects suspicious activity quickly with electronic account monitoring.
  • Reduces the risk of losses due to fraudulent payments.
  • Convenient alerts via email or SMS text message.
  • Easy online portal to review flagged transactions.
  • Saves you and your team valuable time on account reconciliation.
  • Correct payee verification service for checks.
  • Check and ACH transaction monitoring available.

Positive Pay Checks

  • Your business provides Salal with an electronic list of the checks you’ve written that day.
  • If we detect a suspicious check, we send you an alert by email or SMS text message.
  • You review and decide to make or reject payment.

Positive Pay ACH

  • Your company provides Salal with a list of authorized trading partners and information about your authorized transaction criteria.
  • When a transaction comes through paying a person or business not on your authorized list, we send you an alert.
  • You review and decide to make or reject payment.

Start Protecting Your Business Today

To learn more about Positive Pay, contact your Salal Business Services account manager or call us at 206.298.9398.