Circumtec and Wells Fargo Merchant Services are both in the Financial Services category. Circumtec appears on bank statements in more ways (4 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.
Wells Fargo Merchant Services is the card-processing and payment solutions division of Wells Fargo, providing businesses with credit/debit card acceptance, terminals, and settlement services. The “IPSMXASETL” text typically refers to an internal merchant-services settlement code, not a specific retail merchant.
| Aspect | Circumtec | Wells Fargo Merchant Services |
|---|---|---|
| Number of statement variations | 4 codes | 1 codes |
| Category | Financial Services | Financial Services |
| Typical code format | numeric codes, avg 59 chars | avg 10 chars |
| Location in code | Often included | Rarely included |
| Average code length | 59 characters | 10 characters |
| Website | circumtec.com.au | wellsfargo.com |
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