Is "TARGET DEBIT CRD ACH TRAN 000551639970853 POS ID: " fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

What is "TARGET DEBIT CRD ACH TRAN 000551639970853 POS ID: "?

Target Corporation has been in operation since 1902. Their retail offerings span multiple categories including clothing, furniture, electronics, toys, and groceries, among others. The company also provides online shopping and shipping services.'

  • TARGET: The name or identifier of the organization or retailer involved in the transaction.
  • DEBIT: Indicates that the transaction involves a deduction or withdrawal of funds from the account.
  • CRD: Stands for "Card" and indicates that the transaction was made using a card (debit or credit).
  • ACH: Stands for "Automated Clearing House" and refers to a type of electronic funds transfer.
  • TRAN 000551639970853: The unique identification number or code assigned to the transaction.
  • POS ID: 1410215170

    • 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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