Is "Pos Debit- 4979 4979 Love's #0739 Inside" fraud?

Written by Piper Hall

June 18th, 2024

Medium Risk

What is "Pos Debit- 4979 4979 Love's #0739 Inside"?

Love's Travel Stops was founded in 1964. The company operates more than 500 service stations across the United States. It provides fuel, food, and facilities for motorists and truck drivers. It also offers truck maintenance services. In addition to these, they sell different types of merchandise in their country stores, ranging from travel essentials to electronics. Some locations also have hospitality services like hotels and storage facilities.

"Pos Debit": The transaction was a point of sale debit, meaning it was a purchase made with a debit card at a physical location.

"4979": This is likely the merchant category code (MCC), which identifies the type of business or industry of the merchant involved in the transaction.

"Love's #0739": This is the name or identifier of the merchant where the transaction was made, likely a service station or convenience store called Love's with a location number of 0739.

"Inside": Indicates that the transaction was made inside the store as opposed to a drive-thru or outdoor kiosk.

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.