Is "Debit Purchase -visa Card XXXXformswift.com/chXXXX" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "Debit Purchase -visa Card XXXXformswift.com/chXXXX"?

Formswift has been in business since 2012. The company provides a variety of legal and business document templates. These include templates for forms such as tax forms, business plans, lease agreements, employee handbooks, and other common documents used by small businesses and individuals. Formswift operates primarily as an online service, allowing users to customize and download the documents they need. The company targets entrepreneurs, small businesses, and individuals who require legal forms but may not have the time or resources to draft them from scratch.

Debit Purchase: Type of transaction

Visa Card: Payment method used (Visa card)

XXXX: Last four digits of the card number

formswift.com: Merchant or vendor name

ch: Transaction identifier or internal code (possibly country code for Switzerland)

XXXXXXXXXXXX: Unique transaction ID or reference number

ca: Country where the transaction occurred (Canada)

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.