Is "WEB AUTHORIZED PMT SAMS CLUB MC" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "WEB AUTHORIZED PMT SAMS CLUB MC"?

Sam's Club, a membership-only retail warehouse club, is a division of Walmart Inc. Established in 1983, it has been in business for over three decades now. The company provides a broad range of products in its retail units including groceries, electronics, home goods, pharmacy, tyres, jewelry, among others. In addition to these, it also offers services such as financial and health services."

  • WEB: Indicates that the transaction was conducted online.
  • AUTHORIZED: Confirms that the transaction was approved by the bank.
  • PMT: Indicates that the transaction was a payment.
  • SAMS CLUB: Refers to the merchant or business where the transaction took place.
  • MC: Indicates that the payment was made using a Mastercard credit card.

    • 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.

    SimplyWise Community Comments

    Harper Buchanan

    This fraudulent charge from WEB AUTHORIZED PMT SAMS CLUB MC on 6/15/2023 has me steaming! How do scammers get away with this? ????????

    Greg Jennings

    That charge on my statement is definitely fishy! Gonna reach out to my bank ASAP and get to the bottom of it. Better safe than sorry!

    Transaction codes from Sam's Club
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