The billing address verifies that the customer is an authorized user of the purchasing credit card.
- Why do people ask for billing address?
- Is it important to get the billing address right?
- When ordering online does the billing address matter?
- How important is billing address on credit card?
Why do people ask for billing address?
A billing address is an address at which a person or a company receives a bill or other relevant documents. Billing addresses help identify the person or the company wanting to buy online. It also reduces fraud and identity theft.
Is it important to get the billing address right?
An incorrect billing address can result in important and sensitive banking information getting mailed to the wrong address. This will inevitably lead to delays in receiving important documents such as credit and debit cards.
When ordering online does the billing address matter?
If the billing address is entered incorrectly, the charge won't go through. Payment software will flag this issue so the customer can correct it. Matching the billing address to the address on file a way to confirm that the customer is an authorized user of the payment method.
How important is billing address on credit card?
An issuer needs your billing address to mail you important documents and cards linked to your account, to protect you from identity theft or credit card fraud and to verify your identity when exchanging information with credit bureaus.