Is "Rays Food Place 123 MAIN St Deb" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "Rays Food Place 123 MAIN St Deb"?

Ray's Food Place is a grocery store chain that has been in business since 1956. The company operates multiple locations primarily in Oregon and Northern California. Ray's Food Place provides various retail products, including fresh produce, meat, dairy, and bakery items. Additionally, they offer household essentials, health and beauty products, and a selection of local and organic foods. The store also features a delis and hot food sections in many of its locations.

  • Rays Food Place: Merchant or business name where the transaction occurred
  • 123 MAIN St: Address or location of the merchant
  • Deb: Type of transaction, indicating it is a debit (money taken out of the account)
  • 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.
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