Is "RECURRING CANVA I039 123 MAIN St" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "RECURRING CANVA I039 123 MAIN St"?

Canva has been in business since 2012. The company offers a variety of digital design tools and products, which include templates for presentations, social media graphics, posters, and documents. Canva also provides features for photo editing, video creation, and custom printing services. The platform is available for use on both desktop and mobile devices.

  • RECURRING: This indicates the transaction is a regularly scheduled payment.
  • CANVA: This refers to the merchant or service provider, in this case, Canva.
  • I039: This could be an internal transaction code or identifier specific to the merchant or bank.
  • 123 MAIN St: This represents the address associated with 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.

    SimplyWise Community Comments
    Transaction codes from Canva
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