Arveaadress

An arveaadress, often translated as billing address, is the address associated with a customer's payment method, typically a credit card or bank account. It is used by financial institutions and merchants to verify the identity of the cardholder and to prevent fraudulent transactions. When a purchase is made, the payment processor sends the arveaadress provided by the customer to the issuing bank for verification. If the arveaadress does not match the address on file with the bank, the transaction may be declined.

The arveaadress is distinct from the shipping address, which is the location where the purchased goods are to be delivered. While these two addresses can be the same, they are often different, especially when customers are sending gifts or having items delivered to a workplace. Maintaining an accurate arveaadress is crucial for ensuring smooth online transactions and avoiding potential issues with payment authorization. It serves as a key security measure in e-commerce and other payment processing systems.