What does Address Verification Service (AVS) mean?

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What does Address Verification Service (AVS) mean?

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The Address Verification Service gives you extra security when processing Card Not Present (CNP) transactions (e.g. Mail Order or Telephone Order) on your terminal. The AVS allows you to check the numerical part of a customer’s post code and statement address with their card issuing bank. All handepay’s electronic payment solutions are equipped with this security measure besides Card Security Code (CSC) checking, chip and PIN, PAN Truncation and thermal printers.

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The Address Verification Service gives you extra security when accepting Card Not Present (CNP) transactions. The AVS allows you to check the numerical part of a customer’s post code and statement address with their card issuing bank. All handepay terminals are equipped with these security measures.

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