Is "Electronic Withdrawal Canva Pty Limite" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "Electronic Withdrawal Canva Pty Limite"?

Canva Pty Limited is a technology company founded in 2012. The company provides a platform for graphic design that allows users to create a variety of visual content, including presentations, social media graphics, posters, and other digital and print media. Canva offers a range of retail products which include templates, images, fonts, and design elements that can be used to create customized designs. The company's services are accessible via web and mobile applications.

**Electronic**: Type of transaction (indicates a digital transaction).

**Withdrawal**: Nature of the transaction (money being taken out of the account).

**Canva Pty Limite**: Name of the business or entity associated with the transaction (Canva Pty Ltd is a private company).

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.