Is "POS Withdrawal (FIS) QVC INC 123 MAIN St 402935773" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "POS Withdrawal (FIS) QVC INC 123 MAIN St 402935773"?

QVC, or Quality Value Convenience, was founded in 1986. QVC operates as a television network and an online retail platform. The company offers a variety of products including home goods, electronics, beauty products, apparel, jewelry, and kitchenware. It operates 24 hours a day, with programming that features live demonstrations and direct sales to consumers. QVC has expanded its reach through its website and mobile applications, providing an integrated shopping experience.

  • POS Withdrawal: Point of Sale transaction
  • (FIS): Financial Institution Service provider
  • QVC INC: Merchant's name
  • 123 MAIN St: Merchant's address
  • 4029357733: Merchant's phone number
  • PA: State abbreviation (Pennsylvania)
  • (7338): Transaction reference or identifier
  • 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.

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