Protect Against Fraud with PayWatch!

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PayWatch is an optional new service offered to your credit union from Paymentus, CU*Answers’
newest bill pay partner!

Mitigate Your Credit Unions Fraud Risk

Frauds and scam activity is escalating. It can happen to anyone, anywhere at anytime and often starts with electronic payments. Help protect your credit union’s members fraud risk with Paymentus’ new PayWatch service!

A Few Benefits PayWatch Offers:

  • Fully designed and supported by Paymentus (not a separate 3rd party bolt-on).
  • PayWatch performed by your staff using the PASS administrative support tool.
  • Fraud transaction auditing is run hourly (commonly 1-2 times daily) with alerts immediately available for staff to review and decision accordingly.
  • Fraud tools included to alert staff to make an immediate determination on how to process flagged transactions.
  • Online alerts included for staff to easily monitor and flag today’s and previous alerts.
  • PayWatch works across supported Paymentus products, including electronic Bill Pay, Checks and P2P. All electronic payees are OFAC scanned.

What’s the Cost?

  • No set-up fees… your credit union is only charged $0.02 (2 cents) per bill pay transaction for PayWatch!
  • Represents a minimal 3.36% increase in your bill pay transaction fee.
  • All online reporting, decisioning and historical transaction research tools included – no separate fee!
   

Sign up for PayWatch Today!


Order PayWatch

Updated
April 10, 2023

Join Us for a Conversation on Plastics as We Discuss FUEL Authorizations

Join Us for a Conversation on Plastics as We Discuss FUEL Authorizations

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Apr 27, 2023

Join Us for a Conversation on Plastics as We Discuss FUEL Authorizations

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From fraud mitigation to mandates, batch maintenance to digital issuance, vendor consolidations to mandates, and everywhere in between, Conversations on Plastics is another avenue that allows SettleMINT EFT to explore the complex and exciting world of ATM, debit, and credit cards!  Join our upcoming session on May 17th as we discuss FUEL Authorizations. Join the… Read more »

Apr 21, 2023

A Note from SettleMINT: Price Increase for Payveris Products and Services, Plus Transaction Rate Increase

A Note from SettleMINT: Price Increase for Payveris Products and Services, Plus Transaction Rate Increase

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Mar 7, 2023

Join Us for a Conversation on Bill Pay/P2P: Fraud Best Practices

Join Us for a Conversation on Bill Pay/P2P: Fraud Best Practices

SettleMINT EFT invites you to join us for a Conversation on Bill Pay/P2P!  During our first session, we will discuss best practices for addressing fraudulent activity.  Topics discussed will include: How fraudulent activity via Bill Pay/P2P is discovered Best practices for catching fraudulent activity Annual reviews Fraud monitoring systems (Fraud Net, Paywatch, etc.) Recommendations presented… Read more »

Feb 15, 2023

Join Us for a Conversation on Plastics as We Discuss Brute Force BIN Attacks

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Join the SettleMINT team for a Conversation on Brute Force BIN Attacks!  Our inaugural session will be hosted via Zoom and will feature special guest Jim Vilker, VP of Professional Services with AuditLink.  During this kickoff meeting, we will discuss: How Brute Force BIN Attacks are discovered Recommendations for mitigating risk at the vendor or… Read more »

Feb 15, 2023