Is "Electronic Withdrawal PwP AMZN / Mktp U - Privacyc" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "Electronic Withdrawal PwP AMZN / Mktp U - Privacyc"?

Amazon has been operational since its founding in July 1994. The company's initial focus was on online book sales but has since expanded to a large variety of retail products. Among these are electronics, software, video games, apparel, furniture, food, toys, and jewelry. The growth of Amazon has also seen it venture into sectors like cloud computing services (Amazon Web Services), digital streaming (Amazon Prime Video), and artificial intelligence.\n"

Electronic Withdrawal: The transaction was made electronically, without the involvement of physical cash or paper checks.

PwP: This could stand for "Pay with Privacy" or it may indicate a specific payment method used for the transaction.

AMZN / Mktp U: The transaction was made through the Amazon Marketplace (AMZN) and the "Mktp U" refers to the specific seller or entity within the marketplace.

Privacycom: This indicates that the transaction was processed using the Privacy.com service, which provides virtual credit card numbers for enhanced privacy and security during online purchases.

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SimplyWise Community Comments

SarahJ89

I got this transaction an hour ago. I almost fell for this scam!

5 days ago

IvyPatterson

I called my bank and they said to reset all my passwords and get a new card.

2 weeks ago

JohnT

I just got an email about a $200 transaction that I don't recognize. I haven't made any purchases recently. Has anyone else seen something like this? What should I do?

1 month ago

Mike_West

Received an email with a transaction notification for a service I never signed up for. It looks legitimate but I'm really worried. Could this be a scam or a mistake?

2 months ago

AnnaB23

I found a charge on my account for an amount I didn’t authorize, and I got an email confirmation for it. I'm sure I didn't make this transaction. How do I resolve this?

5 months ago

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