Is "UBER INSTANT PAY" fraud?

Written by Remi Russell

June 18th, 2024

Medium Risk

What is "UBER INSTANT PAY"?

Uber Technologies Inc. was established in 2009 with its headquarters in San Francisco, USA. The company operates in the rideshare industry, offering services like peer-to-peer ridesharing, ride service hailing, and a micro-mobility system with electric bikes and scooters. Additionally, Uber has food delivery and package delivery services, called Uber Eats and Uber Freight respectively. The company is known for its establishment of the sharing economy with its business model.'

  • UBER: This part of the code refers to the company or merchant involved in the transaction, which in this case is Uber.
  • INSTANT PAY: This part of the code indicates the method of payment used for the transaction, which in this case is Instant Pay.
  • 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

    Clarence Donovan

    That charge looks fishy to me too! I had one last month and it turned out to be a scam. Better keep an eye on your transactions! ????????

    Roger Woodstock

    This UBER INSTANT PAY charge on 5/15/2023 is a total scam! I never authorized it and now I'm stuck dealing with this mess. Not cool! ????