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

PayHawk

Address Verification Service (AVS) A fraud prevention tool that checks the billing address provided by the cardholder against the address on file with the card issuer. Annual Percentage Rate (APR) The annual interest rate charged by a credit card issuer on outstanding balances.

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How Much Do Credit Card Companies Charge Merchants?

Stax

Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. PCI compliance fees. Strictly speaking, merchants do not pay interchange fees directly to the card network.

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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Analyze the reason code provided by the card issuer to determine the cause of the chargeback. Fraud Prevention Tools : Use CVV verification , address verification systems (AVS), and machine learning algorithms. Key Regulatory Guidelines PCI DSS : Ensure secure handling of cardholder data with PCI DSS.

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