Is "ALIBABA.COM SINGAPORE SG" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "ALIBABA.COM SINGAPORE SG"?

Alibaba Group, founded in 1999 by Jack Ma and a team of 17 other co-founders, is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. The company operates several businesses, including its primary marketplace, Alibaba.com, which connects international buyers and sellers. Other retail platforms under Alibaba include Taobao, a consumer-to-consumer marketplace, and Tmall, which caters to business-to-consumer sales. The company also provides cloud computing services through Alibaba Cloud, digital media and entertainment via platforms like Youku Tudou, and logistics services with Cainiao Network.

**ALIBABA.COM**: The merchant or vendor name where the transaction occurred

**SINGAPORE**: The country where the transaction was processed

**SG**: The country code for Singapore

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.