Is "ACH Debit - Affirm.com Payme Affirm.com 11100002" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "ACH Debit - Affirm.com Payme Affirm.com 11100002"?

Affirm is a financial company that was established in 2012. It offers customers personal loans for online purchases. Products and services provided by Affirm include point-of-sale payment solutions for consumers, merchant commerce solutions and a mobile application. The company does not provide traditional retail products.'

ACH Debit: Automated Clearing House (ACH) is an electronic funds transfer system used for direct deposits, payments, and other types of financial transactions.

Affirm.com Payme: Refers to the company or merchant who is receiving the payment.

Affirm.com: The domain or website name associated with the merchant.

11100002: A unique identification number or code used by the merchant or financial institution for internal tracking or processing purposes.

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.