Why do we request your SSN

2024-06-27

To comply with our US Bank partner, we are required to obtain, record and verify information that identifies each person that opens an account with Paysend in the USA.

After certain thresholds are met, we are required to obtain and confirm the tax identification number for our US customers. We keep all information confidential and Paysend is PCI-Level 1 certified, which is a level of security required for most US financial institutions.