Is "ACH Debit - Pl*paylease Web Pmts 11192468" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "**ACH Debit - Pl*paylease Web Pmts 11192468**"?

Paylease, rebranded as Zego in 2020, has been in business since it was founded in 2003. The company specializes in providing property management software solutions. Its retail products and services include online payment processing, resident billing, utility expense management, and resident communication tools. These offerings cater to property managers and residents, streamlining various administrative and financial processes within the property management industry.

ACH Debit: Indicates the transaction is an Automated Clearing House debit, meaning money is being withdrawn from the account.

Pl*paylease: The name of the merchant or service provider involved in the transaction, in this case, PayLease.

Web Pmts: Specifies that the transaction was made through a web payment.

11192468: Likely a unique transaction or reference number for the payment.

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.