diff --git a/src/components/SelectionList/Search/TransactionListItemRow.tsx b/src/components/SelectionList/Search/TransactionListItemRow.tsx
index be42642316b..64c5f6a768f 100644
--- a/src/components/SelectionList/Search/TransactionListItemRow.tsx
+++ b/src/components/SelectionList/Search/TransactionListItemRow.tsx
@@ -15,6 +15,7 @@ import useThemeStyles from '@hooks/useThemeStyles';
 import useWindowDimensions from '@hooks/useWindowDimensions';
 import * as CurrencyUtils from '@libs/CurrencyUtils';
 import DateUtils from '@libs/DateUtils';
+import Parser from '@libs/Parser';
 import StringUtils from '@libs/StringUtils';
 import * as TransactionUtils from '@libs/TransactionUtils';
 import tryResolveUrlFromApiRoot from '@libs/tryResolveUrlFromApiRoot';
@@ -126,9 +127,9 @@ function MerchantCell({transactionItem, showTooltip, isLargeScreenWidth}: Transa
     const description = TransactionUtils.getDescription(transactionItem);
     let merchantOrDescriptionToDisplay = transactionItem.formattedMerchant;
     if (!merchantOrDescriptionToDisplay && !isLargeScreenWidth) {
-        merchantOrDescriptionToDisplay = description;
+        merchantOrDescriptionToDisplay = Parser.htmlToText(Parser.replace(description));
     }
-    let merchant = transactionItem.shouldShowMerchant ? merchantOrDescriptionToDisplay : description;
+    let merchant = transactionItem.shouldShowMerchant ? merchantOrDescriptionToDisplay : Parser.htmlToText(Parser.replace(description));
 
     if (TransactionUtils.hasReceipt(transactionItem) && TransactionUtils.isReceiptBeingScanned(transactionItem) && transactionItem.shouldShowMerchant) {
         merchant = translate('iou.receiptStatusTitle');