Positive Pay to Protect Check Fraud

Positive Pay
Verify issued checks in advance to ensure only approved payments are processed.
Fraud Prevention
Detect and stop unauthorized checks before they are cleared.
Enhanced Security
Choose from ACH (2-3 days), same-day ACH, wire, RTP, or virtual cards.
Automatic Matching
The system cross-checks check details to prevent errors.
Control Over Payments
Get notified of mismatched checks and take action instantly.

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Zil Money is a financial technology company, not a bank. Zil Money offers banking services through partnership with FDIC member banks Texas National Bank. Customers are not directly insured by the FDIC - but through the pass-through coverage of our partner banks and is conditional on proper titling, record-keeping, and custodial arrangements.

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Supply Chain Finance Made Easy – Credit Card to Any Vendor, No Hassle!

1M+

 

online business
accounts

91B+

 

transaction
value

16M+

 

checks
processed

Automated Check Verification with Positive Pay

Automate check verification by sending issued check details to the bank instantly. Canceled or voided checks are updated automatically, removing the need for manual notifications.

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Reliable Fraud Detection for Business

Positive Pay detects fraud by matching issued checks with those presented for payment. Any mismatched checks are flagged, and businesses receive instant notifications to approve or reject transactions.

Prevent Check Fraud with Positive Pay

Zil Money automates fraud detection by verifying issued checks before they clear. Businesses can submit the list of issued checks easily, get real-time fraud alerts, and prevent unauthorized transactions.

A Smartphone Showing Security Prevent Check Fraud with Positive Pay

Why Zil Money!

A technology-first approach
to payments and finance

Easy to Access

High Security

Easy Payment

Easy Electronic Payments for Businesses

Send and receive payments with ACH, wire transfers, and credit cards. The platform helps businesses manage transactions efficiently and improve productivity.

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Frequently asked questions

FAQ Section
What is positive pay?
Positive Pay is a mechanism that allows you to inform your bank about your issued checks ahead of time. As a result, your bank will not clear any checks except those you have already reported to them.
How do I enable positive pay?
In Internet banking, customers can register their Positive Pay Consent by selecting General Services>Check Positive Pay System>Check Positive Pay Limit. If the customer has registered for Positive Pay, they must submit the check details whenever they issue checks. Zil Money now offers you an automated Positive Pay service.
How to prevent check fraud?
Positive Pay provides complete fraud detection by matching company-issued checks with those present for payment. A check that does not contain the correct identifying information will be returned to the sender. As a result, you will not risk losing money due to fraudulent activity on your account.
Positive Pay vs ACH
Positive Pay is a mechanism that allows you to inform your bank about your issued checks ahead of time. As a result, your bank will not clear any checks except those you have already reported to them. An ACH is an electronic fund transfer made between banks and credit unions through what is known as the Automated Clearing House network. Fund transfers via ACH include direct deposit of paychecks and monthly debits for routine payments.

Every Customer Review
is a Story of Trust

"
During a cash shortage while waiting for clients to pay me, Zil Money let me put my payroll on my credit card. It provided a bridge so my business did not suffer. It was super easy to set up and use.