This guide explains how transactions will appear on your external bank or credit card statement. Understanding the format of our statement descriptor beforehand makes it simple to recognize your secure payments. We'll show you what to look for, ensuring you can easily track your spending and keep your financial records organized without any confusion when your statement arrives.

When you use a Cloaked Pay virtual card, all charges on your linked funding source's statement will come from Cloaked, not from the individual merchants where you shopped. Every transaction is clearly labeled to help you identify it easily.

The Statement Descriptor Format

You will see a descriptor that begins with CLOAKED* (or a similar variation like CLKD*) and is followed by the name of the merchant.

For example, a $50 purchase you make at ExampleStore.com will appear on your statement as: 

CLOAKED* ExampleStore.com ...... $50.00

How Transactions are Grouped

How these charges appear depends on your payment settings:

• With AutoPay (Default): You will see a separate CLOAKED* Merchant Name charge on your statement for each individual purchase you make. This is the most common scenario.
• With Manual Payments: If you have turned AutoPay off and pay your balance manually, you will see a single, larger charge from Cloaked on your statement for the total amount of that payment.

By looking for the CLOAKED* prefix, you can quickly identify all your Cloaked Pay activity. For a more detailed breakdown of your purchase history, you can always visit the Activity tab in your Cloaked Wallet.