Is "Point Of Sale Withdrawal - CMSVEND*CV LAKELAND" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "Point Of Sale Withdrawal - CMSVEND*CV LAKELAND"?

CMS Vending has been in business since its inception in 1995. The company specializes in providing vending machine services. Their range of products includes snacks, beverages, and healthy food options. Additionally, they offer vending solutions for office environments, educational institutions, and various public spaces. Their services also encompass the maintenance and restocking of vending machines.

  • **CMSVEND**: Vendor Code/Identifier (indicating the payment processor or system)
  • **CV**: Merchant Category Code (indicating the type of merchant or service)
  • **LAKELAND**: Merchant Location (indicating the physical or business location associated with the transaction)
  • 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.
    SimplyWise Community Comments
    Be the first to comment!