What Happens If You Put the Wrong Billing Address?
You might want to know what happens if you input the wrong billing address? In the most extreme circumstance, if you submit an incorrect billings address, your online order will be canceled.
However, in most cases, you will get an alert to the discrepancy right away — sometimes before you even place the order. If you’re able to submit your order, the company will likely email you to let you know that it failed to process your order.
You will be asked to log on to your account or contact customer service to update your information. Once your information is corrected, your order should process normally.
If you are notified that your order has been canceled, you will need to create and submit a new order with the correct billing information.
Why Do Companies Need Your Billing Address?
When a company asks for the billing address associated with your credit card, it’s part of a security measure to help reduce credit card fraud. Your billing name and address should match the name and address that appear on your credit card statements.
Your billings address and identity will be matched to the name and address on file with your card issuer in a process called Address Verification Service (AVS).
Retailers can use a variety of methods to check the validity of a billings address, Equifax identity and fraud expert John Marsden said in an interview with Telegraph Money. (Equifax is one of the largest American credit bureaus.)
AdditionallyAs Marsden points out, not all address verification services are created equal. The most secure checks are also the priciest services, so if a retailer doesn’t want to pay for a safer verification program like AVS, it may not notice the billing address error. In this case, you’d merely receive the item you ordered.
However, the shipping address you wish to ship to does not need to match your billings or credit card address.
Companies use these addresses to verify the authorized use of such a card. It is also where companies send paper bills and bank statements. This can be accomplished by contacting the card-issuing bank.
The address is different than the shipping address, which is the address where packages get delivered to.
Say someone steals your card information and attempts to buy a cell phone and ships it to their residence.
In an ideal situation, the merchant will notice that the stolen card’s billing address and shipping address do not match (not all merchants utilize AVS) and will decline the transaction and alert the card’s issuer.
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