FinancePersonal Finance

What is the bank card settlement address?

For purchases via the Internet on foreign websites, the buyer must fill out the information under the name "Payment address". Still it is called calculated. And the information is requested from the usual and credit cards. In the Russian services this is not. What is the billing address? It is necessary to consider this concept in more detail.

What does this term mean?

What is the settlement address of the card and why is it needed? Under it the address of the owner of a banking product is supposed. It is necessary to fill in the address where the person is registered. This is necessary to obtain account statements.

The main task of writing this address is to reduce the level of fraud while performing the audit. When conducting a transaction, the card data and the information provided are compared. If everything is done correctly, the operation is considered successful.

What is the billing address in the credit card? This is the same address as in the usual map. The fulfillment of the purchase through the Internet shop does not change from this. You will need to fill in the same fields, otherwise the procedure will not be completed.

Rules of the operation

Many Russians do not know what the settlement address is, because our country's banks do not use it to perform transactions. It turns out that the verification of information can not be done. But in this case there are other methods by which stores check the reliability of information about the buyer.

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

  • Execute the procedure and cancel the transaction if there is no possibility of reconciling the data;
  • Carry out a manual check of the address information;
  • Skip the procedure without performing an AVS-check.

Even if you do not know what the settlement address is, this information is still being requested. In many online stores, there is no need to enter this information on Russian cards, so the procedure will go without it.

Save address

In order to check the disputed transaction, all information is stored in the store database. For example, on the Amazon.com website, the address is entered when you register your account.

The introduction of a settlement address for Russians is a formality. You can receive a statement on the card when you contact the bank or through the user's personal cabinet.

How else does AVS compare?

Often, on Russian maps, verification is performed in other ways to facilitate purchases of Russian citizens. These include:

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

These methods allow you to obtain the necessary information to help confirm the information about the buyer. After such operations the transaction is successfully executed, the purchase becomes paid.

Settlement address in "Steam"

Quite a common question is what is the settlement address in "Steam". He is faced with the desire to purchase a game in this online store. In order to avoid fraudulent actions, the system requests this information as mandatory. It is necessary to write down the address of the official registration.

If everything is right to indicate that the entire operation will be successful. Also it is necessary to designate other necessary information for payment: Name, card number. At filling of all data payment occurs at once.

For Russians, the term "settlement address" is not entirely understandable, since it is practically not used in our country. To pay in the Russian online store, as a payment information you need to specify the card number or its details. And then the operation is considered complete.

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