Is "POS KING SOOPERS #0103 123 MAIN St - MEMO=POS, Wit" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "POS KING SOOPERS #0103 123 MAIN St - MEMO=POS, Wit"?

King Soopers, a supermarket chain, was founded in 1947 and has since been operating primarily in the Rocky Mountain region of the United States. The company provides a variety of retail products including groceries, bakery items, dairy products, meat, seafood, pharmacy services, and general merchandise. King Soopers is a subsidiary of The Kroger Co., which acquired the chain in 1983. The supermarkets also offer online shopping and delivery services.

POS: Point of Sale

KING SOOPERS #0103: Merchant Name and Store Number

123 MAIN St: Store Address

MEMO=POS: Indicates the type of transaction and that it was conducted at a point of sale

Withdrawal: Indicates money was taken out of the account

Processed: Indicates the transaction has been completed and processed

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.