2024 updates to US verification requirements FAQ

In order to provide best-in-class protections for users, Stripe is updating how we collect, validate, and verify business information for US businesses accepting card payments and for any individuals who ultimately own, control, or direct the business.

As a result, your business may need to provide updated information. Our goal is to help ensure your safe and uninterrupted access to the payments ecosystem.

What actions do I need to take?

Log into the Dashboard to view required actions. See below for common issues and information we may be requesting from you.

What new information will be collected?

Sole proprietors and single member LLCs must provide their business address.

All legal entity types (including government entities and public companies) must provide an email for the account representative.

Additionally, there are some changes to our SSN and ITIN requirements.

Updated requirements

SSN or ITIN for US resident representatives

Last 4 digits required at onboarding for all connected account types.

If the last 4 digits fail verification, representatives will need to provide the full 9 digits.

If the full 9 digit ID number fails verification, representatives will need to upload an ID document.

SSN or ITIN from US resident representatives and owners

Full 9 digits required once payment volume exceeds $500K.