Address Verification System (AVS) Credit Limit Settlement 
EBizCharge
NOVEMBER 27, 2024
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.
PayHawk
APRIL 18, 2023
Address Verification System (AVS) A system that compares the billing address provided by the cardholder with the address on file with the card issuer to verify the authenticity of a transaction. Credit Limit The maximum amount that a cardholder can charge within their credit range.
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