Is "Point Of Sale Withdrawal TU *TRANSUNION" fraud?

Written by Sage Wallace

June 18th, 2024

Medium Risk

About "Point Of Sale Withdrawal TU *TRANSUNION"

TransUnion has been in business since 1968. The company is known for providing credit reporting services and risk and information solutions. TransUnion offers a range of retail products including credit reports, credit scores, and credit monitoring services. The company also provides identity theft protection and credit management tools. They serve individual consumers as well as businesses and financial institutions, offering insights and analytics to assist with credit-related decisions.
  • Point Of Sale Withdrawal: A transaction made at a merchant location where a purchase was made.
  • TU: Abbreviation for TransUnion, a credit reporting agency.
  • *TRANSUNION: The specific merchant or service provider, in this case, indicating that the transaction is related to TransUnion services.
  • 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 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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