Merchants lose $2.40 for every $1 of chargeback – primarily due to fake delivery addresses.
17,000+ address fraud complaints per year according to USPS.
Acuant verifies addresses against 6,000+ utility providers and telcos.
Address verification can be an additional KYC/AML requirement and our tools help to ensure effortless compliance with regulations.
As the number of fraudulent activities rapidly increases, having an address verification solution are an additional defense.
A fully automated address verification process minimizes friction and reduces costs over a manual review process.
Verify and approve more genuine customers to drive revenue.