UnknownCharges

Electronic Check Conversion

What does POP mean on a bank statement?

POP

· Evidence review pending · Content revised

08/05 TARGET T-1029 POP CONVERSION $45.20

Illustrative entry. The example date and amount do not establish your bank’s format or a real transaction.

Plain-English Definition

Registry label for POP: Point-of-Purchase Entry. Unreviewed registry note: POP indicates that a paper check was scanned by a cashier at checkout to capture routing numbers, then voided and immediately returned to you.

Important: What this code is NOT

Unreviewed registry note: POP is not a debit card transaction or store financing. It is the electronic clearing of a physical check that was voided and handed back to you at checkout.

Understanding POP (Point-of-Purchase Entry)

Unreviewed registry note: POP (Point-of-Purchase Entry) is an electronic check conversion performed right at the retail cash register in front of you.

Unreviewed registry note: The cashier feeds your paper check through an electronic reader to scan the MICR routing and account numbers, prints a transaction receipt for you to sign, stamps the physical check as 'VOID', and hands the voided check back to you immediately.

Unreviewed registry note: Because the cashier hands the voided check back to you, the physical paper check is never kept by the store or sent to the bank.

Find the transaction details

Read the complete entry and its direction before looking for a company. A code may describe a deposit, payment type or status; it does not necessarily identify a purchase:

  1. Step 1 Unreviewed registry note: Check the retail merchant name and store number listed on your statement line.
  2. Step 2 Unreviewed registry note: Check your wallet or receipts for the voided paper check and the signed cash register receipt.
  3. Step 3 Unreviewed registry note: Verify the date and amount against physical retail purchases made in person.

Example statement lines

These are lookup illustrations. Bank layouts vary, and an example does not establish a particular originator or authorization:

  • TARGET T-1029 POP CONVERSION
  • BEST BUY STORE 0294 POP CHK
  • COSTCO WHSE POP ENTRY
  • POP POINT OF SALE CHK 049

Questions about POP

What does POP stand for on a bank statement?

Registry label for POP: Point-of-Purchase Entry. Unreviewed registry note: POP indicates that a paper check was scanned by a cashier at checkout to capture routing numbers, then voided and immediately returned to you.

Is POP the name of a company?

Unreviewed registry note: POP is not a debit card transaction or store financing. It is the electronic clearing of a physical check that was voided and handed back to you at checkout.

How can I find the originator or merchant for a POP entry?

Unreviewed registry note: Check the retail merchant name and store number listed on your statement line. Unreviewed registry note: Check your wallet or receipts for the voided paper check and the signed cash register receipt. Unreviewed registry note: Verify the date and amount against physical retail purchases made in person.

Source references

These references accompany this entry. A claim-level evidence review is pending; a citation alone does not verify every statement.