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Is "POS Purchase MDC*SOUTH PLAINS ELECTRIC" fraud?

Written by Sage Wallace

June 18th, 2024

About "POS Purchase MDC*SOUTH PLAINS ELECTRIC"

South Plains Electric has been in business for several decades. The company primarily provides electric utility services. It offers residential, commercial, and industrial electricity solutions. South Plains Electric serves a range of customers, including homes, businesses, and agricultural operations. The company also provides energy management services and various customer support options.
  • POS Purchase: Point of Sale purchase
  • MDC: Merchant Description Code
  • SOUTH PLAINS ELECTRIC: Name of the merchant or business where the transaction took place
  • 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 South Plains Electric.
    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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