Is "123 MAIN St 01/25" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "123 MAIN St 01/25"?

Alltown is a chain of convenience stores that has been in operation since 2013. The company provides a variety of retail products, including everyday essentials, groceries, snacks, beverages, and fuel. In addition to these core items, Alltown locations often feature prepared foods and coffee. The stores are generally situated in locations that are easily accessible to commuters and local residents.

123 MAIN St: Merchant or payee name

01/25: Transaction date (MM/DD)

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.