单词 | address verification service |
释义 | address verification service in Retail (ədrɛs vɛrɪfɪkeɪʃən sɜrvɪs) or AVS Word forms: (regular plural) address verification services noun (Retail: Payment technology) Address verification service is a system which, in order to limit credit card fraud, permits merchants to electronically check a buyer's billing address against the credit card holder's address to see if they match. Address verification service reduces credit card fraud by verifying the cardholder's address information whenthe physical card isn't available to swipe through an MSR device. Unfortunately, address verification services only really work for US cardholders, leaving foreign card transactions at risk offraud. Address verification service is a system which, in order to limit credit card fraud, permits merchants to checka buyer's billing address against the credit card holder's address to see if theymatch. |
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