Eight Ways to Save Money - Method #4

Use The Address Verification Service (AVS) Correctly for Card Not Present Transactions
AVS uses the billing information associated with a credit card to verify the card holder’s address. This is especially important for Card Not Present (CNP) environments. Why? Because if one of your employees fails to enter the billing address and zip [...]

Posted on November 28th, 2007 by Robb Lejuwaan in Merchant Account, Qualification, Rates and Fees , , ,
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What is AVS?

AVS stands for Address Verification System. This system checks to see that the billing address given by your customer matches what the credit card issuing bank has on record. If your merchant account is set up retail your terminal will prompt you for the customer’s zip code. If your account is set [...]

Posted on October 17th, 2007 by Robb Lejuwaan in Merchant Account , ,
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