Remove Address Verification System (AVS) Remove Addressing Remove Underwriting
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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. U Underwriting The process of assessing the risk of a merchant account and determining the appropriate fees and processing limits.

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How Much Do Credit Card Companies Charge Merchants?

Stax

Leveraging technology, monitoring chargebacks, and addressing individual business factors help to reduce credit card fees and improve overall profitability. Tools such as Address Verification System (AVS) and CVV checks help to prevent fraudulent chargebacks by ensuring that the cardholder’s provided details are authentic.