Is "PURCHASE AVI FOODSYSTEMS VEND" fraud?

Written by Piper Hall

June 18th, 2024

Medium Risk

What is "PURCHASE AVI FOODSYSTEMS VEND"?

Avi Foodsystems has been in business since 1960. The company provides a variety of retail products including vending machines, office coffee services, and dining solutions. They also offer catering services and micro-markets, which are self-checkout convenience stores located within buildings. Additionally, Avi Foodsystems supplies grab-and-go options for various industries such as healthcare, education, and business settings.

  • PURCHASE: Transaction type, indicating the action performed (e.g., transaction is a purchase)
  • AVI FOODSYSTEMS: The merchant or vendor name from whom the purchase was made
  • VEND: Abbreviation indicating that the transaction occurred at a vending machine or similar automated service
  • Start Tracking Expenses And Avoid Frauds

    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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