When you register to use our Payments feature, we create a secure account for you that we use to manage the collection and disbursement of payments on for your company. This new account serves as a pass-through for funds, and it is subject to the federal laws that all financial institutions must follow.
We are required to gather:
- Full legal name
- Social Security number (SSN) or Individual Taxpayer Identification number (ITIN)
- US-based bank account
- Date of birth
- US home mailing address
If you're registering as a business, we also require:
- Legal business name
- Employer Identification Number (EIN) Note: entering an EIN does not replace the SSN or ITIN requirement.
- Business bank account
Social Security Number Requirement
We are required by federal laws and banking regulations to ask for your Social Security number. The only alternative to providing a SSN is a valid ITIN. Even if you are registering as a business or organization, you are still required to provide your individual name, mailing address, date of birth, and a valid SSN or ITIN.