Remove Address Verification System (AVS) Remove Data Security Remove PCI DSS
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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Address Verification System (AVS) A system that compares the billing address provided by the cardholder with the address on file with the card issuer to verify the authenticity of a transaction. Average Ticket Size The average dollar amount of each transaction processed by the merchant.

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How Much Do Credit Card Companies Charge Merchants?

Stax

PCI compliance fees. This fee helps payment processors maintain compliance with the latest Payment Card Industry Data Security Standard (PCI DSS) requirements for secure online transactions. If POS hardware is being offered as part of the merchant’s payment plan, it will also include the cost of hardware.