With today’s advanced technology, we’re now able to accomplish numerous virtual transactions. Settling our utility bills, shopping and paying our employees are now able to be achieved in the comfort of our personal homes before some type of computer on the Internet or by processing a charge card payment on the phone.

But perhaps you have pointed out that the computer or the agent will always require your complete address in most transaction? When you have been doing plenty of transactions by phone or Internet, 먹튀폴리스 검증업체  I’m certain that you have encountered this scenario numerous times. Some people are getting very annoyed with it simply because they carry on asking that information even when they’ve our address on the records. This process is named address verification.

Just to clarify, we must not be annoyed if the agent does address verification on transactions. This is a critical task and is recognized as a standard operating procedure when it comes to money matters.

But how come it extremely important for companies to accomplish address verification? Companies are basically carrying this out for two reasons. The first one is to make sure that every transaction is a certified transaction and thus protecting you from account fraud or theft. As an example, another person had a hold of your credit card. By the mere possession of the card, he could utilize it to accomplish some online or phone transactions. However, he will not be able to do that since he will be asked to verify the billing address of the card. Since that person does not need that information, he cannot verify it and thus the transaction will not push through.

How does the method of verifying the address work? The agent or the web shop will require the billing address. When the billing address didn’t match the entries on the device, then your transaction will be declined. This can prevent any unauthorized utilization of your credit card.

Some companies, regardless of having their particular verification system, also use a USPS address verification system. USPS address verification system is a software that’s connected to the United States Postal Service. This can be a very reliable tool in checking if the address is valid or is registered on the database. So once the company was not able to verify the address both on the database and on the USPS address verification system, they’ll totally reject the transaction and make a written report about a fraud caller.

The 2nd reason is that they would like to have a clean and good relationship with the client. If you discovered that you have an unauthorized transaction on your charge card bill, I’m sure you will contact the company and complain simply because they allowed this unauthorized and unverified utilization of the credit card. Thus leading to a discontinuation of business. With the verification system, you’re certain that only you and the authorized people can do the transaction.