Transactional Technologies Adds Address Verification Service

Tuesday 15 June 2004 15:29 CET | News

Transactional Technologies, has implemented an enhanced version of the Address Verification Service (AVS).

Transactional Technologies developer of JetPay, provides diversified and merchant-specific payments processing solutions. Typical AVS sends only match or no-match data responses to the participating merchant that reflect the cardholders zip code or address on file with their issuing bank. Merchants then manually review each case, deciding whether to fulfill the sale. JetPay engineers have developed decision-based criteria that automates approval or denial by using business rules requested by the merchant.

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Categories: Payments & Commerce | Payments General
Countries: World
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