Is "Point Of Sale Withdrawal RITAS #414" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "Point Of Sale Withdrawal RITAS #414"?

Rita's has been in business since 1984. The company specializes in offering a variety of frozen treats. Their product line includes Italian ice, frozen custard, gelati, and misto shakes. Rita's operates through numerous franchise locations across the United States. They also provide catering services for events and parties, focusing on their core offerings of frozen desserts.

Point Of Sale: Transaction type indicating a purchase made at a retail location

Withdrawal: Funds have been deducted from the account

RITAS: Likely the name of the merchant or point of sale system

#414: Transaction identifier or reference number

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.