What is the billing address of a bank card?

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What is the billing address of a bank card?
What is the billing address of a bank card?

Video: What is the billing address of a bank card?

Video: What is the billing address of a bank card?
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For online purchases on foreign websites, the buyer needs to fill in the information under the name "Billing Address". It is also called settlement. Moreover, information is requested from a regular and credit card. There is no such thing in Russian services. What is a billing address? It is necessary to consider this concept in more detail.

What does this term mean?

What is the billing address of the card and why is it needed? It assumes the address of the owner of the banking product. You must fill in the address at which the person is registered. This is required to obtain account statements.

what is billing address
what is billing address

The main purpose of writing this address is to reduce the level of fraud when performing verification. During the transaction, the card data and the information provided are verified. If everything is done correctly, the operation is considered successful.

What is a billing address on a credit card? This is the same address as in a regular card. Making a purchase via the Internet - the store does not change from this. You will need to fill in the same fields, otherwise the procedure will not be completed.

Operation rules

Many Russians don't know whatsuch a billing address, since banks in our country do not use it to complete transactions. It turns out that the reconciliation of information cannot be performed. But in this case, there are other methods by which stores verify the accuracy of customer information.

If the purchase is made in the online store, you can do this:

  • perform the procedure and cancel the transaction if there is no possibility of data reconciliation;
  • carry out a manual verification of billing address information;
  • skip the procedure without doing an AVS check.

Even if it is not known what the billing address is, this information is still requested. In many online stores, there is no need to enter this information using Russian cards, so the procedure will go without it.

Save address

In order to check the disputed transaction if necessary, all information is stored in the store's database. For example, on the Amazon.com website, the address is entered when registering an account.

what is the billing address of the card
what is the billing address of the card

The introduction of a billing address for Russians is a formality. You can get a card statement by contacting the bank or through the user's personal account.

How else is AVS verified?

Often, Russian cards are checked in other ways to facilitate purchases by Russian citizens. These include:

  • request a scanned copy of a passport or other document confirming the registration address;
  • appeal to the bank to verify the necessary information.

These methods allowobtain the necessary information to help confirm the details of the buyer. After such operations, the transaction is successfully completed, the purchase becomes paid.

Steam billing address

A fairly common question is what is a billing address in Steam. It is encountered by those wishing to purchase the game in this online store. To avoid fraudulent activities, the system requests this information as mandatory. You must write the official registration address.

what is a billing address in steam
what is a billing address in steam

If everything is correct, indicate that the entire operation will be successful. It is also necessary to indicate other necessary information for making a payment: full name, card number. When filling in all the data, payment occurs immediately.

For Russians, the term "settlement address" is not entirely clear, since it is practically not used in our country. To make a payment in a Russian online store, you need to specify the card number or its details as payment data. And after that, the operation is considered completed.

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