Cryptocurrency Q&A Why does Strike need my SSN?

Why does Strike need my SSN?

Giulia Giulia Fri Dec 06 2024 | 5 answers 1067
I was wondering why Strike, this particular service or platform, would require my Social Security Number. I'm concerned about the privacy and security implications of sharing such sensitive information. Why does Strike need my SSN?

5 answers

Enrico Enrico Sun Dec 08 2024
Your SSN is utilized solely for identity verification purposes and is not used for any other reason.

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CryptoPioneer CryptoPioneer Sun Dec 08 2024
Stripe operates under legal obligations that necessitate the collection of certain personal information.

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CryptoQueen CryptoQueen Sun Dec 08 2024
Stripe is bound by federal regulations to maintain official records of account holders, which includes collecting and verifying personal information like your SSN.

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SamuraiBrave SamuraiBrave Sun Dec 08 2024
Specifically, Stripe must request your Social Security Number (SSN) as part of its verification process.

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Valentina Valentina Sun Dec 08 2024
This requirement serves a dual purpose: to confirm your identity and to ensure you are authorized to represent an entity, such as your PTA, organization, or business.

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