Remove Address Verification System (AVS) Remove Gateways Remove Microtransactions
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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. Microtransaction A very small transaction, typically less than $1, that is processed electronically.

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