Can I use a different name for billing, than what's on the debit/credit card? (My cousin is letting me use his)

My cousin is letting me use his card to make purchases on the app store, I pay him whenever I'm going to buy something. And I don't want to use his name for my icloud, because I share photo streams and it's just weird.

I explained that in the original post.
My iTunes account was once compromised. Isn't iTunes login and psw the same as Apple ID and iCloud?
It is the idea of using the same login and psw for several things.

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