Is "CHATGPT SUBSCRIPTION123 MAIN St" fraud?

Written by Gavin Brooks

June 18th, 2024

Medium Risk

What is "CHATGPT SUBSCRIPTION123 MAIN St"?

OpenAI is a research organization and company that was founded in December 2015. The company focuses on developing and promoting friendly artificial intelligence. OpenAI's product offerings include language models like GPT-3 and Codex, which can be utilized for a variety of applications such as natural language processing tasks, generating text, and assisting with code development. Additionally, OpenAI provides API access to its models for integration into other software and platforms. The company's mission is to ensure that artificial general intelligence benefits all of humanity.

CHATGPT: Service provider name

SUBSCRIPTION: Type of transaction or service

123 MAIN St: Billing address or location

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.