Payments Definitions Glossary

What is an Address Verification System (AVS)?

AVS, Address Verification System (AVS) is a tool that checks particular parts of your customers’ addresses and verifies them against those held by the issuing banks. Merchants can choose to reject transactions according to the customer information that has been matched. 

NETBANX offer AVS

The new AVS/CV2 service from NETBANX gives merchants greater control over who they accept as customers in an automated process that works around the clock. In turn this improves delivery of revenue with a greater certainty that it is fraud-free. 

Find out more about NETBANX's leading fraud and security technology for online businesses.

To get started today contact NETBANX.

More Payment Definitions

Asking yourself "what is PCI Compliance"? Find out about more payment terminology from our payments glossary, including what is: 1-Pay Direct | 3D Secure | Acquiring Banks | Address Verification System | Bureau Service Provider | Credit Card Payment Provider | Credit Card Processing | Credit Card Processor | Debit Card Processing | Deferred Billing | Dynamic Currency Conversion | Electronic Payments | ELV Payments | Giropay Payments | Internet Merchant Account | Merchant Account | Merchant Account Provider | Merchant ID | Online Credit Card Processing | Online Direct Debit | Online Merchant Account | Online Payment | Online Payments | Paperless Direct Debit | Payment Bureau | Payment Gateway | Payment Processing | Payment Processor | PCI Compliance | Shopping Cart