Is "PURCHASE AUTHORIZED ON 01/06 MAX FINE WINE & SP 12" fraud?
Written by Ava Morales
June 18th, 2024
Medium Risk
What is "PURCHASE AUTHORIZED ON 01/06 MAX FINE WINE & SP 12"?
Max Fine Wine & Spirits has been in business for more than 20 years. The company offers a wide range of retail products including various types of wines, spirits, and craft beers. Additional offerings include mixers, glassware, and bar accessories. The store provides both domestic and international selections to cater to different consumer preferences. The company also has services such as custom gift baskets and event consultation.
**PURCHASE AUTHORIZED**: Authorization type indicating a completed purchase.
**ON 01/06**: Date of the transaction.
**MAX FINE WINE & SP**: Merchant name where the transaction took place.
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.