Complete Definition of "address verification service"

English

Noun
en-noun

  1. The process of validating a cardholder's given address against the issuer's records, to determine accuracy and deter fraud. This service is provided as part of a credit card authorization for mail order/telephone order transactions. A code is returned with the authorization result that indicates the accuracy of the address match. Abbreviated: AVS.

References
http://www.revtrak.com/glossary.htm

ru:address verification service

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