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ACH Positive Pay
Mitigating ACH fraud.
Webster Bank’s ACH Positive Pay is a service that helps you combat fraud associated with electronic payments. It puts you in control over the ACH transactions that post to your account.
Guard Against Fraud
Mitigating ACH fraud.
Webster Bank’s ACH Positive Pay is a service that helps you combat fraud associated with electronic payments. It puts you in control over the ACH transactions that post to your account.
ACH Positive Pay
ACH Positive Pay allows you to manage and monitor ACH debits and credits posting to your account via filters. You’ll be able to make decisions on ACH transactions before your account is debited — and reduce the risk of potential fraud.
ACH Positive Pay Benefits
Be Proactive Against Fraud
This tool allows you to take control of your account and reduce exposure to fraud. You set up filters so transactions presented for payment are scrutinized and any exceptions are brought to your attention. You can establish rules for vendors that are automatically paid, set expiration dates and amount limits. You are alerted to anything that falls outside your criteria, which will require your review. Simply log in through e-Treasury or Online Banking to view exceptions and make pay or return decisions. If no decision is made within the required deadline, the transaction will be returned by default.
Ready to find customized commercial treasury management products to maximize your business’s efficiency and productivity? Contact us today.
