Chargeback specialists at QPS use modern means to ascertain that the cardholder making the transaction is a genuine person and thus brings down the risk of fraud and chargeback. In the process of verification, we compare the billing address mentioned for card-not-present transactions during the checkout process to the one that was registered with the issuing bank.
QPS utilizes address verification service along with other verifications like phone, IP, location, etc. in a bid to block unauthorized transactions completely and reducing chargeback by a significant quotient. QPS aims at reducing fraud by fully integrating the fraud detection platform with a billing address verification tool for reducing friction and turn the customer experience smooth.