Positive pay

positive pay intro cross river's positive pay feature lets you or your customer make sure that only legitimate checks get deposited in their accounts either you or the account holder define which specific checks will be accepted this helps prevent check fraud you can think of positive pay as the opposite of stop payments in a sense you're providing an allowed list of authorized checks for deposit your or your customer provide the check number and amount for authorized checks cos takes this positive pay information and matches it against inbound forward items presented by the fed if a match is found the check is paid otherwise the check is rejected statuses positive pay statuses appear in the status field in the authorize a check api, and include authorized the check has been authorized for positive pay paid an authorized check has been presented by the federal reserve and paid by the bank revoked the check's positive pay authorization has been revoked in regular check calls positive pay statuses appear in the positivepayresult field, and include an additional value, disabled , if positive pay is not configured for the check product your product must be configured by cross river in order to use the positive pay feature once positive pay is enabled, any checks presented by the fed that are not authorized will automatically be rejected and returned to the depositing bank important the date time within the expiresat field of the response is ignored if a check matching that positive pay criteria is received after the date in the expiresat field it will be automatically rejected and returned to the depositing bank positive pay api endpoints include authorize check revoke authorization