Is "Phone Authorized Pmt Cont Finance" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "Phone Authorized Pmt Cont Finance"?

Continental Finance has been in business since 2005. The company focuses on providing credit cards to consumers with less-than-perfect credit. Some of their primary retail products include the Surge Mastercard, the Reflex Mastercard, and the Cerulean Mastercard. The merchant offers features such as online account management and credit monitoring services.

  • Phone: The method used to authorize the payment (via phone)
  • Authorized: Indicates that the payment was approved or sanctioned
  • Pmt: Abbreviation for "Payment"
  • Cont: Abbreviation for "Contribution" or may refer to a contract or contact (context-dependent)
  • Finance: Relates to financial services or entities

    • 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 Continental Finance
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