Positive Pay

Peoples State Bank offers Positive Pay services as a tool to detect and minimize monetary losses associated with check fraud.

Is has been reported that check fraud losses exceed $2.2 billion per year. Positive Pay may identify check fraud BEFORE money is withdrawn from your accounts. Positive Pay works because you upload a file of issued checks for electronic verification prior to payment. Peoples uses the list to verify the cashed check is authentic.

Businesses are responsible for detecting and preventing check fraud.

Protect your business accounts from check fraud with Positive Pay. This program allows your company to actively monitor for fraudulent transactions and reduce impact to your accounts.