OnlineCheckWriter.com – powered by Zil Money, offers an automated Positive Pay service. The service streamlines the process of notifying banks about issued checks, eliminating the need for manual notifications and ensuring a smoother experience for businesses. The platform automatically sends check details to banks through secure transmission channels such as SFTP, FTP, and email, ensuring that only authorized checks are cleared. This process helps prevent fraud by notifying the bank about the checks that have been issued by the company.
When a check is presented for payment, the bank verifies the check number, account number, and amount against the list of issued checks. If there is a mismatch, the check is returned as an “exception item.” In cases where the bank needs further clarification, it may request permission to clear a check by sending an image to the client for review. The business can then decide whether to approve or deny the payment, adding an extra layer of security against fraud.
The SaaS payment platform facilitates real-time communication with the bank, making it possible to cancel or void checks promptly. By proactively reporting issued checks, businesses can significantly reduce the risk of fraudulent activity, offering peace of mind and a more secure cash management process.
Zil Money Corporation, the parent company of OnlineCheckWriter.com – powered by Zil Money and Zil.US, specializes in innovative business payment solutions. The platform supports payment methods such as ACH, checks, wire transfers, payment links, international payments, and credit/debit cards. It also integrates with over 22,000 banks, enabling users to manage multiple accounts, select check formats, and process transactions with ease.
OnlineCheckWriter.com – Powered by Zil Money, serves over one million users and has processed more than $86 billion in transactions. Its growth is fueled by continuous innovation, providing a user-friendly platform for diverse financial needs. The check printing service is also available through its mobile app, which is downloadable on Google Play and the iOS App Store.
Google Play – https://play.google.com/store/apps/details?id=com.onlinecheckwriter.m&hl=en_US
iOS App Store – https://apps.apple.com/us/app/online-check-writer/id1521980907
positive pay – https://onlinecheckwriter.com/positive-pay/
