This constant movement of people makes it difficult to track every citizen’s location or residency. Census Bureau, 14% of the people living in the U.S. But before we dive into the topic, let’s go through some numbers.Ī report by the Alte Group estimates potential losses of around 721.3 billion USD from fake proof of address and other identity fraud cases.Īccording to the U.S. Now that you know what qualifies as proof of address, we can explore why it is necessary. Besides, proof of identity documents must have your picture, while a proof of address document mustn’t contain your image. Proof of address differs from “proof of identity” in the sense that one confirms your residency while the other proves that you are an actual living entity. The issuing authority with the corresponding logoīanks, payment systems, credit unions and other financial institutions request proof of address as a security measure to confirm that you are not lying about where you live.The date of issue (and expiry, if applicable).Your full name similar to other government-issued documents.Proof of address is a document that verifies where you live - a proof of residence. Everything you need to launch your ewallet product Learn more What is proof of address?
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