Dropshipping Mysteries – What is a Billing Address?
One of the most important components of buying online is the shipping address. Dropshipping companies need to know the shipping address of the customer so that items are delivered to the right place.
Shipping addresses can be your home, office etc and is generally the place where you would want the items to be delivered.
Billing address is quite different from the shipping address and every drop shipping company should be aware of these differences. The billing address is the address that is on your credit card statements. It is important for the business to know the billing address, as they can maintain a record to whom the item was sold to.
Moreover, these businesses can get their money once this billing address is verified. Only after the billing address on the credit card is verified, and then the business dispatches the item to the shipping address.
If you’ve purchased items and products though and online merchant, once thing that is quite noticeable is the checkout option.
What most of us would like to know is, if the checkout billing option is different from the very well known and widely used PayPal address. There are usually two kinds of payments that we use online, credit card payments or paying though online banking systems like PayPal.
Although choosing any one of them is a matter of convenience there is a slight difference between the checkout billing address and the address that you find on PayPal.
Usually when you buy an item from an online store, check out verifying the amount, credit card number and even the billing address is needed.
Once you do that your buying spree is complete and you can leave the page. Once the merchant makes contact with your credit card bank which is instant, it sends out verification to check if the details entered on the page are valid and same as the one in his credit card company.
Once this is confirmed, the business then recognizes the payment and the items are instantly despatched to you via the dropshipping company to your shipping address. The main advantage of this system is that you can use multiple credit cards that are registered on that same billing address.
Paying through the online mode of payment which is PayPal is another option that is soon gaining popularity. There are several who receive payments online and PayPal acts as their online bank.
Payment methods with PayPal can be any currency, for e.g. if you purchase items from the USA and you are asked to pay in dollars you can do so with your PayPal account.
This gives you a lot of flexibility and you also know how to use if to your advantage. PayPal does need a billing address which is generally the same that’s on your credit or debit card.
When signing up for a PayPal account you are asked to supply the same address as the one on your credit or debit card as it is linked with your bank account. It withdraws money instantly from your account after which it is shipped to your place.
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