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QuickBooks Add/No Customer Address Verification – AVS for ACH Transactions

    QuickBooks Add/No Customer Address Verification - AVS for ACH Transactions

    QuickBooks is well appreciated by businesses and professionals for its comprehensive functionalities related to payments, payroll, and taxes. QuickBooks is widely popular across the world, because of its user-friendly interface. Even a novice, with basic accounting knowledge, can operate it easily. However, some users have informed us that they are finding it difficult to use the QuickBooks Add/No Customer Address Verification – AVS for ACH Transactions.

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    In this blog, we would be talking about the AVS for ACH transactions feature in QuickBooks.

    🔰 What is AVS in QuickBooks?

    Whenever a user processes a credit card transaction in QuickBooks, it verifies the address of the cardholder by comparing the address you have entered with that of the credit card records of the customer.

    The QuickBooks software accomplishes this check through the utility named AVS (Address Verification Service). It facilitates quick and accurate address verification and helps merchants get rid of credit card fraud. It also helps them avoid charge-backs for transactions where the credit card is not present physically during the sale.

    If your customer is not interested to provide his address information, you should insist that this information is needed to process the mail order and confirm his billing address. Please note that QuickBooks requires only the ZIP code to complete the verification of customer addresses. However, you may include additional details such as the street addresses to ensure extra protection against chargebacks and fraud.

    🔰 Why is it Necessary to Set Automatic Rules for AVS?

    There are multiple advantages of setting automatic rules for AVS QuickBooks Add/No Customer Address Verification – AVS for ACH Transactions. It will allow you to accept/reject a particular transaction if you have been supplied with bad card information /address.

    The AVS system verifies the identity of the credit card holder by verifying the billing address supplied by the user with a file/address at the card company. You can then decide to accept/ reject depending on the details at hand.

    Another advantage of AVS is that you can easily customize your AVS settings in order to decrease the risk of fraud considerably. However, do note that conditions like data entry errors by certain cardholders or legitimate changes of address may lead to the rejection of valid credit cards. Moreover, QuickBooks Add/No Customer Address Verification – AVS for ACH Transactions if you fail to set up automatic AVS rules to manage such conditions, you will be troubled with potentially fraudulent/mischievous transactions, which you may need to review manually.

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    A best practice is to periodically review the processing history of your credit card with the help of the advanced search options available in the QB merchant service center. Here, you can search for the transactions that have not been passed by the AVS security screening rules.

    🔰 Get Help for AVS for ACH Transactions Feature in QuickBooks

    We hope the above discussion would help you use the AVS for ACH transactions feature in QuickBooks to good effect. If you are still having some queries or, if you experience any difficulties while using this feature, we would recommend you to speak to the certified QuickBooks experts.


    🔔 Frequently Asked Questions 🔔

    Q1. What are the Default Values for AVS Settings?

    Ans: The Following Table Depicts the Default Values for AVS Settings:-
    Sr No. 1

    AVS Conditions:- If Zip Code matches, but Street Address does not match
    Default Setting:- Accept Transaction

    Sr No. 2
    AVS Conditions:- If both Street Address and Zip Code does not match
    Default Setting:- Accept Transaction

    Sr No. 3
    AVS Conditions:- If either Street Address or Zip Code is not available
    Default Setting:- Accept Transaction

    Sr No. 4
    AVS Conditions:- If Street address matches, but Zip Code does not match
    Default Setting:- Accept Transaction

    Q2. What are Recurring ACH Payments?

    Ans: ACH (Automated Clearing House) is regulated by Nacha, which is a network of US-only financial firms.
    EFTs that use eChecks for recurrent bill payments are known as recurring electronic ACH bank transfer payments. This covers purchases such as:
    💠 Software subscriptions
    💠 Insurance premiums
    💠 Loan payments
    💠 Rent and lease payments
    💠 E-Commerce
    💠 Any ongoing bills
    All the above-mentioned payments are automatic and are usually made once a month.

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