HOW IT WORKS
SET UP POSITIVE PAY IN MINUTES.
How It Works - Checks
- Client submits check issued report through business online banking
- Positive Pay verifies criteria when the check is presented for payment
- If criteria is met, the check is paid
- An exception is created if Positive Pay finds mismatched data
- An exceptions report is sent to client for pay/no-pay decision
How It Works - ACH Debit Cards
- Client establishes pre-authorized ACH transaction for pay/no-pay decision
- ACH Positive Pay verifies criteria when ACH debit is presented for payment
- If criteria is met, the debit is paid
- An exception is created if Positive Pay finds mismatched data
- Client reviews exception ACH Transactions for pay/no-pay decision
Cost of Positive Pay
- $30 per month, per relationship (not per account), billed on your monthly statement
- Essentially, $1 per day
Protect Yourself in Matter of Minutes
ENROLL IN AFFINITY BANK’S POSITIVE PAY – CONTACT A BANKER
Call: (678) 742-9990
Email: onlinesupport@myaffinitybank.com
