Protect your business from check and ACH fraud.
Positive Pay reviews every check and ACH debit against what you actually issued, so you catch fraud before it clears, not after.1
Connect with a Business BankerWhat Is Positive Pay?
Positive Pay lets you audit every check and ACH debit against your account before it's paid. You review the details, decide whether it's legitimate, and nothing clears without your say-so.
Types of Positive Pay
Standard Positive Pay
Verifies the check number, account number, and dollar amount against what you sent us.
Payee Positive PayComing Soon
Adds verification of the payee name too, stopping altered-payee and "check washing" fraud.
ACH Positive Pay
Protects against unauthorized ACH debits using pre-approved vendor filters, rather than a submitted check list.
Other Account Protections
Real-Time Alerts
Get notified about account activity based on exactly the alert types you choose.
Card Controls
Turn your Business Debit Mastercard® on or off on anytime in app.
Account Reconciliation
Sync with QuickBooks® and Quicken® to simplify balancing and spot discrepancies.
Let's Protect Your Business.
A Business Banker can walk you through setup and pricing, and get Positive Pay working for your checks and ACH transactions alike.
Connect with a Business BankerOr call 888-710-9070
FAQ
Frequently asked questions
What exactly does Positive Pay catch?
Positive Pay compares every check and ACH debit presented against your account to what you actually issued or authorized. If something doesn't match, an amount was altered, a payee was changed, or an ACH debit wasn't authorized, it's flagged as an exception for you to review before it's paid.
Does Positive Pay cover ACH transactions too?
Yes. Positive Pay reviews both paper checks and ACH debits against your account, so you catch fraud in either channel before it clears, all in one place.
How much time does daily review take?
Most businesses spend just a few minutes a day. Positive Pay only flags the items that don't match what you sent us, not every transaction, so you're reviewing a short list of exceptions, not your full check and ACH activity.
What happens if I don't review an exception item in time?
Exception items need a pay-or-reject decision by the daily cutoff. If no decision is made in time, the item defaults to a preset action set up when you enrolled (Pay All or Reject All). Your Business Banker can confirm your specific cutoff and default setting.
Does Positive Pay have a fee?
Yes, Positive Pay carries a monthly fee. Since pricing varies by setup, contact a Business Banker for current rates and to find out what applies to your account.1
1 Fees may apply for Positive Pay and are subject to change . Contact a Business Banker for current pricing and eligibility requirements.
Midstates Bank is a full-service financial institution with branches throughout western Iowa.
Protect your business from check fraud.
Help protect your business from check fraud with Positive Pay. Review checks before they’re paid and quickly identify items that don’t match your records. .