Visa Account Verification
Understand how Visa Account Verification impacts your overall payment costs.
What is Visa Account Verification?
This optional transaction type allows merchants to verify the cardholder’s account status before attempting a full authorization. It helps prevent unnecessary declines, reduces fraud, and improves customer experience.
Merchants can use this proactively for high-risk transactions or large-value payments to reduce failed authorization fees and chargebacks.
Monitor Your Scheme Fees Effortlessly
Let Congrify track all your scheme fees automatically, with real-time insights, AI-powered alerts, and recommendations to optimize payment costs.
See Congrify in Action