Billing Address

Billing Address refers to the residential or business address associated with the payment method, typically a credit or debit card. It serves as a verification point during the transaction process, allowing merchants to authenticate the cardholder’s identity.

When a customer provides their billing address during a purchase, it is cross-referenced with the information on file at the card-issuing bank. The Address Verification Service (AVS) helps mitigate the risk of fraudulent transactions by ensuring that the provided billing address matches the one linked to the payment card.

Billing address verification is especially crucial in card-not-present transactions, such as online purchases, where additional layers of security are essential. Merchants often utilize the billing address as part of a comprehensive fraud prevention strategy, contributing to a more secure and trustworthy payment environment.