Is "Debit: Signature purchase from 061755104071SM FOOD" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "Debit: Signature purchase from 061755104071SM FOOD"?

FoodMaxx is a supermarket chain that has been in business since 1986. The company operates stores primarily in California and Nevada. FoodMaxx sells a variety of retail products including fresh produce, dairy, meat, seafood, bakery items, and household essentials. The chain focuses on offering groceries and everyday items at lower prices compared to traditional supermarkets. FoodMaxx is part of The Save Mart Companies, which is headquartered in Modesto, California.

Debit: Indicates that the account was debited, meaning money was taken out.

Signature purchase: Indicates that this purchase was confirmed via a signature.

061755104071: This part likely represents a transaction identifier or a reference number.

SM: May indicate the type of transaction or the specific terminal.

FOODMAXX #407: The merchant name and store location/identifier.

123 MAIN St: The store address where the transaction took place.

99999999: This may be another reference or authorization number.

061755104071SM: This part likely repeats the initial transaction identifier or a specific merchant code.

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.