Is "The Coffee Bean And Tea" fraud?

Written by Ava Morales

June 18th, 2024

Medium Risk

What is "The Coffee Bean And Tea"?

The Coffee Bean & Tea Leaf has been in business since 1963. The company specializes in providing a variety of coffee and tea products, including whole bean coffee, ground coffee, and a selection of loose-leaf teas. They also offer a range of seasonal and specialty beverages, as well as various accessories related to coffee and tea preparation. In addition to beverages, The Coffee Bean & Tea Leaf sells merchandise such as mugs and brewing equipment.

  • The Coffee Bean: Merchant name indicating where the purchase was made.
  • And Tea: Continuation of the merchant name detailing the type of products/services offered.
  • 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.
    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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