Address Verification System (AVS) is the system used to verify addresses of people claiming to have credit cards. The system will check the credit card billing address provided by the user with the address listed on the credit card company. Other security features for credit cards include CVV2 numbers.
AVS is used when merchants verify credit card data, such as billing address and zip code, against Visa/MasterCard billing information from cardholders. AVS verifies that the credit or debit card billing address matches the address provided by the customer. Because AVS only verifies the numeric part of the address, certain anomalies such as apartment numbers can cause false errors; However, it is reported infrequently.
AVS verifies the numerical part of the cardholder's billing address. For example, if the address is 101 Main Street, Highland, CA 92346, in the United States, AVS will check 101 and 92346 . The card holder may receive a false negative, or partial rejection for AVS from an e-commerce verification system, which may require manual replacement, voice authorization, or reprogramming of AVS entries by the card issuing bank.
Video Address Verification System
AVS support
AVS is a service to combat fraudulent activities for non-face-to-face transactions with cross-references of cardholder's address information with card issuer notes. AVS is widely supported by Visa, MasterCard and American Express in the United States, Canada and the United Kingdom.
Cardholders with banks that do not support AVS may receive errors from Internet stores due to lack of data.
In addition to automatic verification, some banks provide merchants with a manual verification system. Usually this is done for foreign credit card accounts because AVS only works in the same country. This facility helps traders to prevent fraud arising from other countries. The merchant bank calls the customer's bank (or sends a fax to the bank requesting them). But some countries like Denmark prevent banks from verifying customer data.
Maps Address Verification System
Address Verification Service (AVS) ) code
Decreases due to Address Verification System
"Denied because of AVS mismatch", authorization code, together with freezing on official funds, will remain on the customer's card until the merchant account cancels outdated authorization or publisher bank (typically 7 days for all types of businesses except hotels and car rentals that can have up to 30 days). As a result, saved funds can be deducted from available customer balances, and online statements may reflect authorization requests that may be misinterpreted as true costs. Most card-issuing banks will remove authorization within 1-2 days if not claimed for completion.
References
Source of the article : Wikipedia
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