Is "CLOVER APP MRKT - CLOVER APP" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "CLOVER APP MRKT - CLOVER APP"?

Clover App Mrkt is a platform that has been in business since its inception in 2012 as part of Clover Network, Inc. The company focuses on providing applications and services for users of Clover point-of-sale (POS) systems. It serves a variety of retail and service industries, offering solutions that include inventory management, sales reporting, employee scheduling, and customer loyalty programs. The marketplace includes both free and paid apps, allowing businesses to customize their Clover POS systems to better meet their operational needs.

CLOVER: Merchant name indicating the company processing the transaction

APP: Application or software-related purchase

MRKT: Abbreviation for "Market," possibly indicates the category or platform

CLOVER APP: Repetition of the merchant or service name for further clarification

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.