Is "Express Scripts Phrmcy" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "Express Scripts Phrmcy"?

Express Scripts, founded in 1986, operates as a pharmacy benefit management (PBM) organization in the healthcare sector. The company provides a range of services, including pharmaceutical distribution, reimbursement processing, and clinical management of prescriptions. Retail products include prescription medications, both branded and generic, alongside over-the-counter medications. Express Scripts also offers mail-order pharmacy services and specialized drug management for complex medical conditions through specialty pharmacies.

**Express Scripts**: Indicates the merchant or the service provider, which is Express Scripts, a company that specializes in pharmacy benefit management.

**Phrmcy**: Abbreviation for "Pharmacy," indicating the type of service or product involved in 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.