Checks to see that the billing address given by the customer matches the credit card. If you opt not to use AVS, VISA and MasterCard will not support your transactions and will charge you an additional 1.25% on those sales. Most merchant accounts come with AVS at no extra charge.
A service supported by Visa, MasterCard, Discover and American Express that verifies the cardholder's billing address against the one on file with the issuer. The street address and postal code of the billing address are compared to the billing address on file for the credit card. If the address does not match then the transaction is declined. AVS is designed to help combat fraud in non face-to-face transactions.
Process used by a credit card processor or other party to verify that a customer's billing address matches that of their credit card statement.
A system to check that the billing address provided by the customer matches that of the payment card. Many card providers have made this a mandatory requirement to decrease fraud.
An automated system that allows merchants who accept card-not-present (CNP) transactions via the phone, mail order or the Internet to verify the billing address of cardholders.
Address Verification Service is a system available to merchants who key transactions, which matches the street number and zip code of the cardholder with the information given to the merchant. This allows the merchant to verify that the person requesting the goods or services is the person who owns the card.
A system built into the authorization process that enables a merchant to verify the United States billing address of the customer to be the billing address the Issuing bank currently has on file.
service that checks to see if the billing address given by the customer matches the credit card.
The Address Verification System is a system used to verify the identity of the person claiming to own the credit card. The system will check the billing address of the credit card provided by the user with the address on file at the credit card company. The other security features for the credit card include the CVV2 number and the expiration date.