Written by Jemina Owen-Jones

April 18th, 2024


Verizon is a telecommunications company that has been in business since 2000. They provide a range of retail products including wireless plans, smartphones, tablets, accessories, home internet, and digital TV services.
  • VERIZON: The name of the company or organization involved in the transaction.
  • WRLS: Indicates that the transaction is related to wireless services.
  • RCCRNG: Stands for "recurring," indicating that this is a recurring payment.
  • PMTS: Abbreviation for "payments," referring to the transaction type.
  • 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 Verizon.
    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.
    SimplyWise Community Comments
    Bradford McCleary
    3 months ago
    That charge on my statement raised an eyebrow - need to dig into this further. Appreciate the community help in deciphering these mysteries! #creditcardcharges
    Ronald Lawson
    3 months ago
    This fraudulent charge from VERIZON WRLS RCCRNG PMTS on 5/15/2023 got me fuming! It's high time we put an end to these scammers! ????