Is "TOLL COLLECTIONS CLEARIN" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "TOLL COLLECTIONS CLEARIN"?

Yesway has been in business since 2015. The company operates a chain of convenience stores across the United States. They provide a variety of retail products, including snacks, beverages, tobacco products, and lottery tickets. Yesway also offers prepared food items, automotive products, and basic household necessities. Their stores typically feature fuel services as well.

  • TOLL: Indicates the type of transaction (in this case, a toll collection)
  • COLLECTIONS: Further specifies the nature of the transaction (usually related to collections or payments)
  • CLEARIN: Likely refers to a clearing process, where the payment is processed or cleared in the bank statement.

    • 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
    Transaction codes from Yesway
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