Is "SMARTRIP" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "SMARTRIP"?

Woot LLC is an American Internet retailer. Established in 2004, the company originally focused on offering one product per day at a discounted price. Over the years, it expanded its offerings to include a variety of categories such as electronics, computers, home and kitchen items, sports and outdoor products, and fashion. In 2010, the company was acquired by Amazon.com, Inc. Customers can now find multiple deals across different categories on a daily basis through Woot's website and app.

S: This could refer to a bank code or identifier for the specific transaction.

M: This could represent the type of transaction, such as a purchase or transfer.

A: This could be a reference to the specific merchant or entity involved in the transaction.

R: This may be a reference to the region or location of the transaction.

TRIP: This may be a specific identifier related to the transaction itself.

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.