Are you seeing the code comn cap apy f1 autopay on your credit card statement and wondering what it is? Well, if you are then you are not alone, a lot of people have come out claiming to have seen this message in their credit card statement. Som what exactly does the message comn cap apy f1 autopay mean and why is it even appearing in people’s credit card statements? Well, this article attempts to give the clearest explanation of this message, what it means and what you need to do when you see it.
What Does The comn cap apy f1 autopay Mean?
The term comn cap apy f1 autopay can be broken down into smaller segments which carry different meanings as follows:
Ach: Stands for automated clearing house. This is basically an array of electronic networks used in making payments and money transfers. This array of money transfer networks is a fast and secure way of sending money from one place to the other.
Comn: This part of the code stands for Comenity which is an abbreviation for comenity capital bank.
Cap: Cap stands for capital which also refers to Comenity capital bank.
Apy: Apy stands for autopay which is a system used in transferring funds automatically.
F1: F1 stands for a code representing a specific store or even a credit card
Is The Code comn cap apy f1 autopay Genuine or From Scammers
Considering that the code comn cap apy f1 autopay appears on credit card messages means that it raises scam suspicion in some people. This therefore leads to the question is the code comn cap apy f1 autopay genuine or from scammers. The answer to this question is a simple no. The code comn cap apy f1 autopay is very genuine and is from a financial service provider. Therefore, next time you see this code do not worry, it is a perfectly genuine code from a genuine source.
