Clara Launches Tool to Identify Credit Card Charges

The situation is very common: when reviewing one or more credit card statements, people often find purchases at establishments whose names they do not recognize. That is when a search begins to discover the origin of the charge and confirm whether the transaction was actually made by them.

To keep finance teams from spending valuable hours on this low-value task, Clara, the solution for companies to make and manage all their payments, has developed technology that automates the process. To use it, users simply visit https://www.clara.com/es-mx/herramientas/cargos-no-reconocidos, enter the name of the establishment shown on the statement, and within seconds the tool displays information about that merchant or service.

As part of Clara’s commitment to bringing financial transparency to as many people as possible, the tool is available to anyone who needs help identifying expenses.

Initially, the database contains more than 30,000 establishments where Clara users have already used its products. The number of merchants is expected to grow as users use them in other places. The data is organized through AI-powered transactional intelligence that refines and categorizes the information available in Clara’s database.

“We are committed to helping companies operate with greater clarity and financial agility, which goes beyond simplifying payment processes. We are convinced that the power of technology can simplify outdated tasks and free up time for what truly matters,” explains Gerry Giacomán Colyer, CEO of Clara.