Is "FUNDRISE REAL ES XXXXXXXXXX PPD ID: Z454862460" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "FUNDRISE REAL ES XXXXXXXXXX PPD ID: Z454862460"?

Fundrise Real Estate has been in business since 2010. The company offers a platform for real estate investment, allowing individuals to invest in private properties. Fundrise provides a variety of retail investment products including eREITs and eFunds. These products enable investors to diversify their portfolios with real estate assets. Fundrise focuses on providing access to commercial and residential properties through a technology-driven approach.

  • FUNDRISE REAL ES: Company or entity initiating the transaction (Fundrise Real Estate)
  • XXXXXXXXXX: Unique transaction identifier or serial number
  • PPD: Payment type code (Prearranged Payment and Deposit entry)
  • ID: Z454862460

    • 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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    Transaction codes from Fundrise Real Estate
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