VerifyValid Information

With VerifyValid, you now have the ability to send or receive a payment electronically via the Internet. An individual or an organization can send one or thousands of checks (CSV file upload) with a click of a button and the remittance information is included with the check(s). The payee can print the check with their own printer and deposit like any other check, OR if the payee has an account with a participating financial institution, they can click "deposit" and the funds will be automatically deposited into their bank account. No paper necessary! Built on a fraud prevention platform, VerifyValid checks can be verified as valid. Anyone can confirm that the amount is as intended and that the check has not been presented before. This enables fraud to be caught at the bank of first deposit, rather than the paying bank, thereby catching it upstream