address verification service
( plural )
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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.
address verification service
During the mail-order checkout, the company used an address verification service to compare the cardholder's billing address with the issuer's records and reduce fraud.
During the mail-order checkout, the company used an address verification service to compare the cardholder's billing address with the issuer's records and reduce fraud.
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