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Here's a quick rundown of key verification approaches :
- Address Verification System (AVS): Checks the postal address on the payment against what’s on record with the banking institution.
- Card Verification Value (CVV): Obtains the three- or four-digit digit located on the rear of the credit for confirmation .
- 3D Secure: Implements an supplementary layer of validation involving the customer's bank to validate the transaction .
- Device Fingerprinting: Recognizes the device used to submit the transaction to detect potential scams.
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