Is "Direct Debit: Caremark Mail, Mail Order" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "Direct Debit: Caremark Mail, Mail Order"?

CVS Caremark has been in business since 1963. The company operates a chain of pharmacies and retail drugstores throughout the United States. CVS Caremark provides a variety of retail products, including prescription medications, over-the-counter drugs, health and wellness products, and general merchandise such as household items, beauty products, and groceries. The company also offers pharmacy benefit management services, which include mail order pharmacy services and specialty pharmacy services.

  • Direct Debit: Indicates the transaction was made by automatically debiting the payer's account
  • Caremark Mail: The payee or merchant name, specifying the recipient of the funds
  • Mail Order: The method of purchase, indicating it was made via mail order services
  • 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.

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