Circumtec and Unknown Merchant (Bank Adjustment / Goodwill Credit) are both in the Financial Services category. Circumtec appears on bank statements in more ways (5 variations).
Circumtec is an Australian payment technology company that provides cashless payment processing for unattended equipment such as self-service car washes, laundromats, vending machines, dog washes, and amusement machines. Charges from car wash locations may appear on statements with descriptors like “Circum Wash Mentone” or similar variations.
This descriptor appears to be an internal bank adjustment or goodwill credit rather than a charge from a specific external merchant.
| Aspect | Circumtec | Unknown Merchant (Bank Adjustment / Goodwill Credit) |
|---|---|---|
| Number of statement variations | 5 codes | 1 codes |
| Category | Financial Services | Financial Services |
| Typical code format | numeric codes, avg 52 chars | numeric codes, avg 155 chars |
| Location in code | Often included | Rarely included |
| Average code length | 52 characters | 155 characters |
| Website | circumtec.com.au | Not available |
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