Is "DIRECT WITHDRAWAL, NEW YORK LIFE INS. PREM." fraud?
Written by Remi Russell
June 18th, 2024
Medium Risk
What is "DIRECT WITHDRAWAL, NEW YORK LIFE INS. PREM."?
Vz Wireless Ve Vzw, commonly known as Verizon Wireless, has been in business since it was founded in 2000 as a joint venture between Bell Atlantic and Vodafone. The company provides a range of retail products and services that include mobile phones, tablets, smartwatches, and various accessories. Additionally, Verizon Wireless offers wireless communication services, home internet solutions, and prepaid mobile plans. The company operates a widespread retail network and provides online purchasing options through its website.
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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