Is "VZ WIRELESS VE VZW WEBPAY" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "VZ WIRELESS VE VZW WEBPAY"?

Verizon is a multinational company, founded in 2000 after the merger of Bell Atlantic Corporation and GTE Corporation. It offers various telecommunication services, including wireless communications, local and long-distance voice services, broadband networking, video and digital television services, and internet services. It has also been steadily expanding into the wired broadband and telephony market. In addition, Verizon provides network services for the federal government including business phone systems, data solutions and cybersecurity. It also provides IoT (Internet of Things) services that include fleet management, asset tracking, smart cities solutions and more.'

VZ WIRELESS: Refers to the company name or provider involved in the transaction

VE: Indicates the transaction was made or processed through a virtual or online platform

VZW WEBPAY: Specifies the specific service or feature used for the payment, which in this case is VZW WebPay.

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

Eric Mitchell

Hey, just noticed a charge from VZ WIRELESS VE VZW WEBPAY on my statement. Anyone else had this? Seems legit, but wanted to double-check. Saw it on 7/15/2023. Thanks!

Christie Dudley

I had same charge 1/30/2024 for $71.22. No phone number on statement.

Daniel Alvarado

I also had a charge. For $97.05.

Daz

VZ stands for verizon it’s your monthly WiFi bill or phone carrier

K

Well had a charge for over $600 from my bank. It is fraud!!!