Is "COMENITY PAY II" fraud?

Written by Gavin Brooks

June 18th, 2024

Medium Risk

What is "COMENITY PAY II"?

Bread Financial is a financing platform that has been in operation for over a decade. The company provides retail products including installment loans and consumer credit cards. They offer pay-over-time solutions for online and in-store purchases, which allows buyers to break purchases into monthly payments.'

  • COMENITY: Name of the company or entity associated with the transaction
  • PAY: Indicates that this is a payment transaction
  • II: Could potentially indicate the type of payment or another specific identifier

    • 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.

    SimplyWise Community Comments

    Tim Walcott

    Who is this and what’s the 40$ payment for.

    Transaction codes from Bread Financial
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