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 offers 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.
To find out more about how our leading fraud and security technology can protect your payments, contact NETBANX.
More payment definitions
Asking yourself “what is PCI compliance?” Find out about more payment terminology from our payments glossary.
