Merchant Account Fees: Address Verification Service Fee

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This 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:

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