Is "PAYPAL DES:INST XFER ID:FACEBOOKTEC INDN:JESSICA S" fraud?

Written by Aiden Lee

June 18th, 2024

Medium Risk

What is "PAYPAL DES:INST XFER ID:FACEBOOKTEC INDN:JESSICA S"?

TxTag is a program provided by the Texas Department of Transportation. It has been in operation since 2001. The service focuses on providing electronic toll collection across Texas roadways. TxTag's primary product is the TxTag sticker which allows drivers to pay tolls electronically without stopping at toll booths. Users can manage their accounts online and replenish their balance automatically through various payment options.

PAYPAL: Indicates the payment was made through PayPal.

DES: INST XFER

ID: FACEBOOKTEC

INDN: JESSICA SPENCER

CO ID: PAYPALSI77

WEB: Indicates the transaction was made 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.