Is "POS DEBIT- 5047 5047 GIANT 0304 3297 JOHN DOE US" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "POS DEBIT- 5047 5047 GIANT 0304 3297 JOHN DOE US"?

Giant, a retail business, has been in operation since 1923. The company offers a range of products, including groceries, household items, and personal care products. Giant also provides bakery, deli, and pharmacy services. Additionally, the company has a selection of fresh produce, meats, and seafood.

POS DEBIT: Point of Sale Debit transaction

5047 5047: ATM or terminal ID

GIANT: Merchant name

0304: Merchant's location code or store number

3297: Transaction reference or sequence number

JOHN DOE: Account holder name

US: Transaction took place in the United States

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.