Is "ACH Debit - Appfolio, Inc. F Web Pmts 8150350" fraud?

Written by Gavin Brooks

June 18th, 2024

Medium Risk

What is "ACH Debit - Appfolio, Inc. F Web Pmts 8150350"?

Appfolio Inc. has been in business since its founding in 2006. The company provides cloud-based software solutions primarily for property management and legal industries. Its product offerings include property management software aimed at residential, commercial, and student housing property managers, as well as legal practice management software designed to increase efficiency and streamline processes for law firms. The company’s solutions offer features such as online rent collection, maintenance request tracking, and tenant screening for property managers, along with document management and billing functionalities for legal professionals.

  • ACH Debit: Type of transaction indicating an automated clearing house electronic payment
  • Appfolio, Inc.: Name of the merchant or company initiating the transaction
  • F: Indicates the type of payment or account used (specific to bank coding)
  • Web Pmts: Indicates that the payment was made online
  • 8150350: Transaction reference or identification number
  • 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.

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