Address Verification Service — a check that compares the billing address a customer enters against the one on file at the issuer. It helps catch fraud in card-not-present sales and can improve interchange qualification.
Why it matters for your business
Terms like AVS aren't just jargon — they sit behind what you actually pay to accept payments. Understanding them is the difference between reading your statement and being at the mercy of it. If you're not sure how this shows up in your own costs, the fastest way to find out is to have someone read your statement line by line.
See what you're really paying →Related — Risk & Compliance