Eliminate your exposure to the risk of check fraud with Positive Pay TM8.

Positive Pay TM8 icon

With Positive Pay TM8 you can provide your bank with a file of the checks you produce so that they will be able to honor only those you produce and investigate any others as suspicious items.

Important options added in version 3.0 for user’s of Abila’s MIP EFT module and those whose banks can process files with issues from multiple accounts!  And we now provide support for creating Positive Pay files with MIP Payroll, even if you transfer in Summary!  And there are also special options for those who bank with Bank of America in California or Illinois that make it easy to change Certification information.  (We also support Bank of America in the other states where the special support isn’t required.) Call your business partner and find out if we already support your bank.  If we don’t, we’ll be happy to add yours at no additional cost! Just contact us.

Prior to version 3.0, although the program supported multiple bank file formats, a particular user could only be configured for one.  In version 3.0, however, that limitation has been eliminated. Now the user may choose to prepare a file for any of our supported banks at any time.

And in version 4.0 you have complete and convenient control of the name and location of the file written for your financial institution.

Ask for a demo by contacting us directly or your TeamNFP Certified Business Partner.

Read more: Postive Pay TM8 PDF

Resources on how to protect your nonprofit from cyber criminals.

News Article
Web news article about a sophisticated check fraud scheme.

Check Fraud: A Guide to Avoiding Losses
The CPA Practice Advisor offers help combating check fraud and describes Positive Pay as “the  most complete step.”

You’ll also find a recommendation for its use at the National Check Fraud Center.