Is "Electronic Withdrawal Wex Inc" fraud?

Written by Gavin Brooks

June 18th, 2024

Medium Risk

What is "Electronic Withdrawal Wex Inc"?

WEX Inc. is a company that has been in business since 1983. It provides a range of financial technology services, including fleet cards, corporate payments, and virtual credit cards. The company serves various industries, including travel, healthcare, and corporate sectors, offering solutions such as payments processing and account management. WEX operates globally and has a diverse portfolio of products tailored to meet the needs of businesses and organizations.

  • **Electronic Withdrawal**: Indicates the type of transaction, which in this case, is a withdrawal done electronically.
  • **Wex Inc**: The name of the entity or company associated with this transaction, Wex Inc.
  • Verify if this transaction is fraud in 30 seconds

    Stop worrying about fraudulent charges

    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.
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    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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