Is "POS DEB 20:01 09/14/23 3220110 NST BEST BUY #365 1" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "POS DEB 20:01 09/14/23 3220110 NST BEST BUY #365 1"?

Best Buy has been in business since 1966, when it was founded by Richard M. Schulze and James Wheeler. The company operates retail stores and an online platform, offering a variety of consumer electronics, appliances, and related services. Its product range includes smartphones, laptops, televisions, and home appliances. They also offer services such as installation, repair, and technical support through the Geek Squad brand.

POS DEB: Point of Sale Debit

20: 01

09/14/23: Transaction date (September 14, 2023)

3220110: Transaction reference number

NST: Possibly denotes the time zone for the transaction (Newfoundland Standard Time)

BEST BUY #365: Merchant name and store number

123 MAIN St: Merchant location

CARD# XXXX: Last four digits of the card number used

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.