Bank Account Verification Service (AVS) enables your company to verify your Customers bank account details are correct prior to the submission of a transaction. Customer bank account verification is a critical part of risk assessment for any company that electronically collect or make payments. Understanding a prospects banking status and history can help your business or you as a business owner to reduce the risk of transaction rejections or making a payment to an incorrect account. The AccountVerification Service (AVS) can also provide insights to customers accounts that may be delinquent
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