Is "CHECKCARD 0807 OURARING INC. CA XXXXXXXXXXXXXXXXXX" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "CHECKCARD 0807 OURARING INC. CA XXXXXXXXXXXXXXXXXX"?

Ōura Inc. is a company that was founded in 2013. The company is known for designing and manufacturing the Ōura Ring, a wearable device focused on health tracking. The Ōura Ring monitors various physiological indicators such as heart rate, body temperature, and sleep patterns. The data collected by the ring is intended to provide users with insights into their overall health and wellness. The company has primarily positioned itself within the health and wellness industry, offering products that integrate with mobile applications for detailed analytics and personalized recommendations.

CHECKCARD: Transaction type indicating a purchase made with a check card (debit card).

0807: Date of the transaction (MMDD format

August 7th).:

OURARING INC.: Merchant name (Oura Ring Inc.).

CA: State where the transaction occurred (California).

XXXXXXXXXXXXXXXXXXXXXXX: Placeholder for unique transaction identifier.

RECURRING: Indicates that this is a recurring transaction.

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.