Is "Digit.co Digit.co PPD ID: 9165348002" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "Digit.co Digit.co PPD ID: 9165348002"?

Digit has been in business since 2015. The company offers a variety of financial services, primarily centered around automated savings and investment tools. Users can link their bank accounts to the Digit app, which then analyzes spending habits to determine optimal savings amounts. In addition to savings, Digit provides services such as debt reduction planning and investment options, aimed at helping users achieve their financial goals.

  • **Digit.co**: Name of the company initiating the transaction
  • **Digit.co**: Repeated entry of the company name for clarity
  • **PPD**: Prearranged Payment and Deposit, indicating a type of ACH (Automated Clearing House) transaction
  • **ID: 9165348002**

    • 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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