Is "POS Withdrawal HOT SPOT #2011" fraud?

Written by Ava Morales

June 18th, 2024

Medium Risk

What is "POS Withdrawal HOT SPOT #2011"?

Hot Spot is a merchant that has been in business since 1987. The company offers a variety of retail products, including convenience items such as snacks, beverages, tobacco products, and lottery tickets. Additionally, Hot Spot locations provide automotive services like fuel and car washes. The company operates numerous outlets, primarily serving customers in the Southeastern United States.

POS: Point of Sale

Withdrawal: Transaction type indicating money taken out

HOT SPOT: Merchant or location name

#2011: Transaction reference or location identifier number

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.