Suspicious Apple iCloud ID usage text message

This is the text message I received. Is this a scam?

Apple Approval Notice

We have noticed that your Apple iCloud id was recently used at \"APPLE STORE - CA\" for $143.95, paid by Apple Pay Pre Authorization. Also some suspicious sign in request and apple pay activation request detected. That looks like suspicious to us. In order to maintain the security and privacy of your account we have placed those request on hold.  If NOT you? talk to an Apple Representative. Failing may lead to auto debit and charge will not be reversed. Call +1 8557753**** immediately to cancel this charge.

Billing Department :  Subscriptions and Billing - Official Apple Support

Have a great day!

[Edited by Moderator]