How to Select a Payment Processor

1. Address verification. Both VISA and MasterCard have similar protocols for processing the first three numbers in the street address of the cardholder’s billing address, plus the ZIP code. If either of these don’t match the billing address on file at the Interchange for that card, an error message is transmitted. Formatting and tracking this data properly is necessary to receive the lowest discount processing rate (which gets passed along and marked-up by your processor).