With today’s advanced technology, we’re now able to complete numerous virtual transactions. Settling our utility bills, shopping and paying our employees may now be performed in the comfort of our personal homes in front of a computer on the Internet or by processing a bank card payment within the phone.
But perhaps you have realized that the computer or the agent will always ask for your complete address atlanta divorce attorneys transaction? If you have been doing plenty of transactions by phone or Internet, 먹튀폴리스 검증업체 I’m sure that you have encountered this scenario numerous times. Some of us are receiving very annoyed with it since they carry on asking that information even when they have our address on their records. This method is known as address verification.
Simply to clarify, we mustn’t be annoyed if the agent does address verification on transactions. This really is a critical task and is recognized as a typical operating procedure with regards to money matters.
But exactly why is it very important for companies to complete address verification? Companies are basically carrying this out for just two reasons. The initial one is to ensure that every transaction is an authorized transaction and thus protecting you from account fraud or theft. As an example, another person had your hands on your credit card. By the mere possession of the card, he could use it to complete some online or phone transactions. However, he will not find a way to do that since he is likely to be asked to verify the billing address of the card. Since that individual does not have that information, he cannot verify it and thus the transaction will not push through.
How can the process of verifying the address work? The agent or the internet shop will ask for the billing address. After the billing address did not match the entries on the device, then your transaction is likely to be declined. This can prevent any unauthorized use of your credit card.
Some companies, aside from having their own verification system, also use a USPS address verification system. USPS address verification system is a software that is connected to the United States Postal Service. This can be a very reliable tool in checking perhaps the address is valid or is registered on the database. So once the company was not able to verify the address both on their 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 want to have a smooth and good relationship with the client. In the event that you found out that you have an unauthorized transaction on your own credit card bill, I’m sure you will contact the company and complain since they allowed this unauthorized and unverified use of the credit card. Thus resulting in a discontinuation of business. With the verification system, you’re sure that only you and the authorized people can perform the transaction.