Is "RENT A CENTER ECOMMERC" fraud?

Written by Piper Hall

June 18th, 2024

Medium Risk

What is "RENT A CENTER ECOMMERC"?

Rent-A-Center has been in business since 1986. The company provides a range of retail products, including furniture, electronics, appliances, and computers. Customers can rent or purchase items on a rent-to-own basis. Rent-A-Center operates through a network of stores across various locations and also offers online services.

  • RENT: Indicates the nature or type of transaction, in this case, it might indicate a payment or charge related to rental services.
  • A CENTER: Likely part of the merchant's name, which in this case is "Rent-A-Center."
  • ECOMMERC: Abbreviation for "E-commerce," suggesting the transaction was conducted online.
  • 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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