Merchant Account Fees: Address Verification Service Fee
Click Here for a 30 Day Risk-Free TrialThis only applies to merchants who are not swiping transactions. This fee is usually 5 to 10 cents and is usually lumped in with the transaction fee above, although some processors charge this as a separate line item. By having AVS, it provides you with valuable address and zip code lookup on the cardholder, and as a result helps reduce fraud. AVS is mandatory by Visa and MasterCard on all keyed accounts where cards are not going to be swiped.
Other Merchant Account Fees Explained:
Transaction Fees
PIN Debit Transaction Fees
Address Verification Service Fee
ACH Fee or Daily Batch Fee
Monthly Statement / Support / Service Fee
Internet Gateway Fee
Voice Authorization Fee
Monthly Minimum Fee
Surcharge / Partially-qualified / Non-qualified Fees
Application / Setup Fee
Reprogramming Fee
Chargeback / Retrieval Fee
Annual Fee
Cancellation or Termination Fee
Hidden Fees or Junk Fees
See more articles in our Merchant Guide
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Dave Treanor
Penny Thots
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