Check Seal Positive Pay

Cheque Seal Positive Pay

Check fraud continues to cost companies billions. In fact, according to the Association for Financial Professionals’ (hereinafter referred to as AFP) 2022 Payments Fraud and Control Survey, 74% of companies that experienced attempted or actual payments fraud last year were victims of check fraud.
Banks offer Positive Pay to their customers to combat check fraud. Bankers have a very difficult time getting customers on that product. Positive Pay continues to frustrate Business customers and bankers for the following reasons:

ChequeSeal Positive Pay

Utilize existing check stocks or pre-printed check stocks
If you have multiple accounts, you don't need to worry about wasting pre-printed checks
Switch bank accounts dynamically

Introducing: ChequeSeal Positive PayNext generation Positive Pay that requires no issue file and no file transmission.

Data Included in Barcode:
Payee name
Check amount.
Check number
Issue date.
Routing number.
Account number.
Date and time the check was printed.
The laser printer is used to print the encrypted barcode on the check. If you have multiple accounts, you don't need to worry about wasting pre-printed checks

The barcode and secure name font help to prevent altered or added payee names. ChequeSeal software interfaces seamlessly with all accounting software including Oracle/PeopleSoft. SAP, JD Edward, HTE, MAS 2000, MAS 90, IVAS, Timberline, EnterpriseOne, Yardi, MYOB, Sage 50, QuickBooks, etc. System requirements: Windows OS - Laser printer with pcl5e/pcl6 driver.