Is "Web Authorized Pmt 1st Bankcard Ctr" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "Web Authorized Pmt 1st Bankcard Ctr"?

First Bankcard has been in business since 1968. The company provides a range of credit card products and services to individuals and businesses. These include personal and business credit cards, cardholder benefits, and online account management tools. First Bankcard also offers various partnership programs with businesses and organizations to create co-branded and private-label credit card solutions. The company's operations focus on delivering financial products designed to meet customer needs in the credit services sector.

Web: Indicates the transaction was conducted online.

Authorized: Confirms that the transaction was approved.

Pmt: Abbreviation for "Payment".

1st Bankcard: Refers to the name of the financial institution or card issuer.

Ctr: Likely an abbreviation for "Center", which could indicate the processing center or department.

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.