Is "ACH DEBIT XXXXXX AFFIRMCARD XXXX AFFRM" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "ACH DEBIT XXXXXX AFFIRMCARD XXXX AFFRM"?

Affirmcard is a merchant that has been in business since 2008. The company offers a range of retail products including digital gift cards, prepaid cards, and reloadable cards. Their services cater to both individual consumers and businesses, providing options for various financial transactions and gifting purposes. They operate through an online platform, allowing customers to purchase and manage their cards digitally. Affirmcard also engages in partnerships with other businesses to offer co-branded and specialized card solutions.

ACH DEBIT: Automated Clearing House debit, indicating an electronic withdrawal from your account

XXXXXX: Transaction identifier, specific to this transaction

AFFIRMCARD: Merchant or payment service, indicating Affirm card usage

XXXX: Partial account or card number, specific to the card used

AFFRM: Affirm, confirming the merchant or service provider

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.