Written by Julian Sanchez

June 18th, 2024

Medium Risk


Wave is a company that has been in business since 2009. The company provides a range of financial services and retail products. These include accounting software, invoicing tools, and receipt scanning services. Additionally, Wave offers payroll solutions and integrates various financial services to help small businesses and freelancers manage their finances efficiently.

  • DIRECT: Indicates the nature of the transaction, which is a direct transfer of funds.
  • WITHDRAWAL: Specifies that the transaction is a withdrawal from the account.
  • WAVE: Likely refers to the merchant name or service provider.
  • INTERNET: Indicates that the transaction is related to an internet service.
  • Verify if this transaction is fraud in 30 seconds

    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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