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Is "PAYPAL DES:INST XFER ID:MICROSOFT INDN:REINSTEIN C" fraud?

Written by Jemina Owen-Jones

April 18th, 2024

About "PAYPAL DES:INST XFER ID:MICROSOFT INDN:REINSTEIN C"

Microsoft is a multinational technology company that has been in business since 1975. It provides a wide range of retail products, including software, hardware, and online services. Microsoft is best known for its operating systems such as Windows, as well as productivity software like Microsoft Office. The company also offers cloud services, gaming consoles, and various other consumer electronics products.
  • DES:INST XFER: Indicates that this transaction is an instant transfer made through the DES system.
  • ID:MICROSOFT: Refers to the transaction identification code associated with Microsoft.
  • INDN:REINSTEIN: Indicates the individual or entity associated with this transaction is named Reinstein.
  • CO ID:PAYPALSI77: Refers to the company identification code as PayPalSI77.
  • WEB: States that this transaction was made through a web platform or online.

    • 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 Microsoft.
    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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