Positive Pay

One proven step to reduce losses from check fraud is to take preventive measures such as utilizing Paragon's Positive Pay service.  You transmit a file to the bank containing information about checks issued by your company.  As checks post to your account, Paragon will verify the dollar amount and check number to make sure they match those of the checks you issued.  You are advised each morning of any discrepancies that have occurred. After reviewing the information and image of the check, you tell us to pay the check or return it.  A quick review of positive pay activity may save thousands in losses caused by stolen or fraudulent checks