E-commerce sites, e-banking apps and other digital services need to verify addresses quickly and accurately. Otherwise, they may lose customers and waste resources on incorrectly sending packages. Address validation helps prevent these mistakes and ensures that customers receive the products they ordered and that banks deposit payments correctly.
A good address verification service will validate a given address by separating it into components and returning metadata for each component. In addition, it will verify the validity of each element to match against data standards for the country or region. The service can also differentiate a residential address from a commercial one in some geographies.
Many of the available address validation APIs are tied to databases that must be updated periodically. However, these databases tend to be limited in terms of coverage and are not always as accurate as needed for business purposes. The database approach can also have hidden costs in terms of data processing, time spent managing the database and the expense of implementing periodic re-validation processes.
The best solution is to leverage an address standardization API that integrates seamlessly into your technical environment. This will allow you to verify addresses without interrupting your customer’s checkout or account sign-up workflow. Moreover, this will prevent inaccurate data from entering your system and enable you to validate existing addresses in bulk. Learn how to use our address validation and standardization API by exploring our demo, which provides a range of different addresses that are both correct and incorrect.
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