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How to Select the Right Address Verification Tool for Your Business?

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Whether sending direct mail, shipping products or communicating with your customers or clients, it’s important that what you send reaches its intended recipient. This is especially true for ecommerce companies, which must ensure that outbound packages reach their destinations so that their customers can receive their purchases on time and safely. The right address verification tool can help your company avoid costly mistakes that result in lost sales, undelivered packages and frustrated customers. To avoid these issues, you’ll need to use an address validation service that is accurate and easy-to-use. This buyers guide outlines some of the most common options available for address verification services and provides key considerations for selecting the right one for your business. Using an address validation API, your organization can check that the addresses in your databases are valid and correct. This is usually accomplished by comparing them against a database of verified addresses....
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What is Address Fraud?

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The highest-level cyber crimes involving credit card fraud, account takeover attacks, and identity theft all intersect with one low-tech piece of information: the victim's mailing address. Criminals use this address to get access to products and services for their own gain, and to create a false or inaccurate identity that gives them access to financial resources. This is known as address fraud, and it can lead to expensive chargeback disputes for merchants. Changing your address is fairly simple, but that's also what makes it easy for criminals to hijack your identity and redirect mail to a different address. USPS has some safeguards in place to prevent this, like sending move validation letters to both your old and new address upon a change of address request. However, those letters can take weeks to arrive, giving criminals plenty of time to dig in and make changes to your identity. Another type of address fraud is illegal mail forwarding, which is when a criminal uses your ...
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Why Should You Consider Online Check Printing?

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Whether it’s tax clearance, vendor payments, payroll, or customer refunds, honoring checks takes up a lot of time. And while it’s not uncommon for companies to assign this responsibility to an employee, this isn’t always the best way to streamline the process. In fact, in-house printing can create a number of costly challenges. From purchasing necessary check stock and ink to hiring employees to handle the workload, in-house check printing can be a huge financial burden. Additionally, entrusting a member of the team with this sensitive financial data can lead to security concerns if they aren’t properly trained. Online check printing solutions offer a number of advantages. Designed to streamline payment management, these services help businesses save money and increase efficiency. With the ability to upload batch files, online check printing platforms can reduce manual work and costs associated with re-entering information. In addition, most provide options to customize a company’s ch...
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How Do Wrong Addresses Cost Your Business?

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Whether you are running an online store or an e-commerce platform, mailing materials out to customers is undoubtedly a key element of your business model and marketing strategy. However, the costs associated with shipping errors can be incredibly damaging to your bottom line. The problem is that most businesses don’t fully understand the extent of these costs and underestimate how devastating a single error can be. The truth is that when it comes to inaccurate addresses, the costs go far beyond wasted printing and postage expenses. Invalid data affects multiple areas of a company’s operation and if left unchecked, can create massive problems down the road. Address verification Software is a powerful tool that can dramatically cut down on reshipping fees, lost orders and inaccurate customer records. In addition, a reliable address verification solution can update old records and help reduce the number of duplicate addresses on your database. This can reduce data entry errors and make i...
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Why is Address Verification and Validation Important?

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Whether you’re a business that relies on physical delivery, an ecommerce site that requires customer addresses during registration or a financial institution looking to reduce fraud and enhance your Trust & Safety initiatives, address verification and validation are key tools for your organization. Incorrect or risky addresses cost your company in the form of shipping costs, chargeback fees, fraud prevention strategies, lost revenue and more. The good news is that by incorporating an address verification API into your data entry forms, you can significantly reduce the amount of bad data entering your system. Rather than relying on manual methods like contacting the customer directly, visiting their home or office, comparing against online mapping solutions, an automated process based on address validation APIs can do all of this and more in just seconds. There are various technical processes that make up an address verification solution including parsing, standardization and geoco...
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