Is "ACH Withdrawal UnitedHCMedicare - MedInsPymt" fraud?

Written by Lily Tran

June 18th, 2024

Medium Risk

What is "ACH Withdrawal UnitedHCMedicare - MedInsPymt"?

Zillow, founded in 2006, operates as an online real estate marketplace. The company provides a platform where users can access a comprehensive database of homes for sale, homes for rent, and property value estimates. Zillow also offers services related to mortgage financing, rental and home insurance, and home improvement. The company generates revenue through advertising placements for real estate agents, mortgage lenders, and other home-related service providers.

ACH Withdrawal: Indicates the type of transaction as an Automated Clearing House withdrawal.

UnitedHCMedicare: Refers to the company/entity receiving the payment.

MedInsPymt: Likely denotes the purpose of the payment, in this case, a medical insurance payment.

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.