How does identity verification work?
Taxd works with Stripe to conduct identity verification online. Stripe builds technology that’s used by millions of companies around the world such as Amazon, Google, and Zoom. They help with everything from accepting payments to managing subscriptions to verifying identities.
Stripe helps Taxd confirm your identity by conducting the following checks:
Taxd should update below based on the verification methods that you choose to use.
- Stripe will capture images of the front and back of your government-issued photo ID and review to ensure that the document is authentic. It has built an automated identity verification technology that looks for patterns to help determine if an ID document is real or fake. This process is like a bank teller checking your ID document to confirm that it’s real.
- Stripe will capture photos of your face and review to confirm that the photo ID belongs to you. It has built automated identity verification technology that uses distinctive physiological characteristics of your face (known as biometric identifiers) to match the photos of your face with the photo on the ID document. This process is similar to a bank teller confirming that the photo on your ID document is you based on the shape of your nose or eyes – but it’s higher-tech and a more accurate way to identify you as a unique person.
- Stripe will collect your name, date of birth, and government ID number, and validate that it is real. It will check this information against a global set of databases to confirm that it exists.
Stripe will ask for your consent before collecting and using your information. It will only use your verification data in accordance with the permissions you grant before starting the verification process, and based on their Privacy Policy.
Learn more about how Stripe is storing and handling your data.
View the Taxd Privacy Policy here.
Best practices for successful verification
Before starting the verification process, here’s what you need:
- A valid government-issued photo ID document. Not a photocopy or a picture of an ID document. Ensure that the ID document has not expired.
- A device with a camera, if possible, use a mobile device. Cameras on mobile devices typically take higher-quality photos than a webcam.
The quality of the images captured affects success rates dramatically. Below are a few best practices to help ensure that your verification succeeds:
- Capture a clear image. Make sure that the images are not too dark or bright, and don’t have a glare. Hold steady and allow your camera to focus to avoid blurry photos.
- Do not block any part of your ID document in the image. Ideally you should lay it flat to take the photo.
- Do not block any part of your face. Remove sunglasses, masks, or other accessories.