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Is "EBAY COMMERCE" fraud?

Written by Jemina Owen-Jones

April 18th, 2024

About "EBAY COMMERCE"

eBay is an online marketplace that has been in business since September 1995. It provides a platform for individuals and businesses to buy and sell a wide range of retail products. Users can find new or used items, including electronics, clothing, home goods, collectibles, and more. eBay facilitates transactions between buyers and sellers through auctions or direct sales, allowing people to connect and trade globally.
  • E: Represents the type of transaction, in this case, an electronic transaction.
  • BAY: Indicates the name of the company or merchant involved in the transaction, in this case, eBay.
  • COMMERCE: Refers to the nature of the transaction, indicating that it is related to a commercial or business transaction.
  • Find & fight fraud from anywhere

    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 eBay.
    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
    Vincent Abernathy
    3 months ago
    Hey, had a similar situation. Reach out to your bank for clarification. Stay positive and trust they'll resolve it for you. Hang in there!