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Why do you ask for my social security number?
Why do you ask for my social security number?

Why do you ask for my social security number?

Marc avatar
Written by Marc
Updated over a week ago

BizPayO is a fully compliant and registered payments service. Just like Stripe, Square, Paypal, etc. 

· We deliver a host of unique cash flow features, integrations and tools, but fundamentally we are a payment service.

·Under US laws, this information is required as part of our mandatory identity verification requirement: We must collect, verify, and maintain information on the individuals associated with every US BizPayO account, as required by our regulators and financial partners.

·We partner with ZiftPay to collect this information and fund all of the payments that you process in BizPayO.

· This is actually for your own protection and meant to avoid fraud by an impersonator trying to sign up as you, only to attempt to run a few stolen cards or game the US payments industry.

· If you want to enjoy the features of BizPayO, we must comply with US rules.

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