As a debit card user, at least once in your life, you might have noticed an unfamiliar debit card charge in your credit card statement, leaving you wondering what it is about. Many users do face such issues. In this article, I shall be telling you about one such offbeat charge called CTM Group Inc. Charge on the debit card. If you are interested to know more about it, stay around to know in detail.
Debit Cards are a convenient way to make purchases and access cash electronically. It works differently from a credit card, though on the surface they seem similar. However, there are some Debit Cards that offer a line of credit you can borrow against but require paying back the balance with interest.
What is the CTM Group Inc. charge on the debit card? Let us dive in to know the answer to this question.
Is CTM Group Inc. Charge on the Debit Card Legit?
Yes, the CTM Group Inc. Charge on the Debit Card is legit provided you have used a game machine, vending machine, or a ride produced by the CTM Group. Since such charges are authentic and authorized, however, this does not mean that they are invincible. At times, scammers resort to different techniques including charges on your debit and card card to dupe the users by tricking them.
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How to Identify CTM Group Inc. Charge on the Debit Card?
There are different ways to identify the CTM Group Inc. Charge on your Debit Card. Here are some of the methods that you can try to identify them.
1. Review the Merchant Name on Your Statement
Review your statement. Go through the statement and check if any transaction by the name of CTM Group Inc. appears in the statement.
2. Look for Descriptions Related to Amusement or Entertainment
Another method to identify the said charge in your debit card statement is to look for descriptions related to amusement or entertainment since CTM group works with amusement parks, arcades, and other entertainment venues, therefore it is possible that the transaction might appear under these titles.
3. Contact Your Bank
If none of the above methods works for you. Another option you can try is to contact your bank. You can seek the details of the transaction that you suspect are suspicious. They can provide you with complete details about the said charges, thereby helping you identify what the charge is all about.
What to do if the CTM Group Inc. Charge is Unauthorized?
Having said that, if you fail to recognize the charge on your Debit Card you can make a case out of it by taking preventive action. Here is what you can do if the CTM Group Inc. Charge is unauthorized.
1. Contact Your Bank
Once, you notice that you are being wrongly charged and the charge is unauthorized and illegitimate. Contact your bank and ask them for the redressal of the issue. They will help you to resolve the issue.
2. Contact the Debit Card Issuer
You can contact the Debit Card issuer and plead your case. They have a team of experts who are supposed to deal with the issues related to Debit Card unauthorized charges and more. You can ask them for the redressal of your issue.
3. Raise the Dispute
If you think that the issue needs to be raised and resolved at the earliest. You can raise the dispute with the Debit Card company. However, they will ask you for information such as the date of the transaction, amount deducted and location, etc. Keep this information available so that you can make your case heard clearly and smoothly.
CTM Group Inc: Company Information
Address: 712 N. Central Ave, STE B Wood Dale, IL 60191 USA
Phone Number: 800-951-3320
Website: www.ctmgroupinc.com
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Wrapping Up
It has come to the fore that CTM Group Inc charge on the debit card is related to the payment made through your debit card for services offered by CTM Group. It offers different types of services. However, it is important to identify the charges so that you don’t fall prey to the scammers. You can refer to this article to know more about it.Â
Nyra handles business research, writing financial documents, news items, articles, and study materials about finances.