Merchants eat the majority of fraud costs not the credit card companies. It is up to them verify billing address and whether to allow a shipment to another add

Merchants eat the majority of fraud costs not the credit card companies. It is up to them verify billing address and whether to allow a shipment to another address. Only time credit card company will eat the fraud is on a stolen credit card that is used in a chip based payment. Card not present is still on the merchant.