Is "PURCHASE AUTHORIZED ON 01/04 BANCPASS TX S30300500" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "PURCHASE AUTHORIZED ON 01/04 BANCPASS TX S30300500"?

BancPass has been in business since its founding in 2014. The company provides toll payment solutions, including their TollByPlate service, which allows users to manage and pay tolls through a mobile application. Additionally, BancPass offers retail products such as transponders and prepaid toll cards. Their services are designed to integrate seamlessly with existing toll infrastructure, facilitating easier toll payments for drivers. BancPass focuses on simplifying the toll payment process for its customers.

PURCHASE: Transaction type is a purchase

AUTHORIZED: Indicates that the transaction has been approved

ON 01/04: The date of the transaction, January 4th

BANCPASS: The merchant or business where the transaction occurred

TX: The state or location, Texas in this case

S303005006016635: Unique transaction identifier or authorization code

CARD XXXX: The last four digits of the credit or debit card used for the transaction

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.