Is "Payment to AARP" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "Payment to AARP"?

AARP, originally known as the American Association of Retired Persons, was founded in 1958. It is a nonprofit organization that aims to address the needs and interests of individuals aged 50 and older. AARP offers a range of retail products and services to its members, which include health insurance plans, life insurance policies, travel discounts, financial planning services, and lifestyle products tailored to senior needs. Additionally, AARP provides informational resources and advocacy on issues such as healthcare, employment, and income security for older adults.

  • Payment: Indicates that this was a monetary transfer or transaction.
  • to: Specifies the direction of the transaction, showing that money was sent to a recipient.
  • AARP: Identifies the recipient organization of the payment.

    • Verify if this transaction is fraud in 30 seconds

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

    STEP 1

    Connect your Email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

    STEP 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

    STEP 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.

    SimplyWise Community Comments
    Transaction codes from AARP
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