This topic describes Positive Pay, an electronic authentication system that enables users to transmit cheque details to the bank prior to processing.

Positive Pay is a process to deter cheque fraud. A person issuing cheques enters details of the cheques into the system. The details get verified when the issued cheque circles back to the issuer’s bank for clearing. Any discrepancy in the data cheque data entered on the system and the actual cheque received will result in payment being declined.

Pre-requisites:

Transaction access is provided to the corporate user.

• Add Positive Pay
  This topic provides the systematic instructions to users for creating Positive Pay requests for cheques that have been issued.
• List Positive Pay
  This topic provides the systematic instructions to user for listing all the Positive Pay requests.