Remove Address Verification System (AVS) Remove Authorization Remove Credit Limit
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Accepting Online Payments with Internet Merchant Accounts

EBizCharge

Transaction settlement: After a payment is authorized, the merchant account facilitates the settlement process. Features like Address Verification Systems (AVs), Card Verification Value (CVV) checks, and encryption protocols protect sensitive customer data and minimize chargebacks.

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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. Authorization The process of verifying that a transaction can be approved and funds are available for the transaction.