Is "Recurring Debit Purchase Card 10XXklarna Inc Klarn" fraud?
Written by Remi Russell
June 18th, 2024
Medium Risk
What is "Recurring Debit Purchase Card 10XXklarna Inc Klarn"?
Klarna is a Swedish fintech company which was established in 2005. It offers buy now, pay later services, which simplify the payment process for consumers and merchants on e-commerce platforms. Klarna provides services in over 17 countries and has partnered with 250,000 retailers in Europe and North America. The company offers a plethora of financial products including direct payments, pay after delivery options, and installment plans.'
Recurring: Indicates that this is a recurring transaction
Debit: Funds were taken directly from the account
Purchase: It was a purchase transaction
Card 10XX: Possibly the last four digits of the card used for the transaction
Klarna Inc: Name of the company that processed the payment
Klarna.com: Website where the transaction took place
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.