In order to provide best-in-class protections for users, Stripe is updating how we collect, validate and verify business information for UK 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 that you can access the payments ecosystem safely and without interruption.
What actions do I need to take?
Log in to the Dashboard to view required actions. See below for common issues and information that 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 address for the account representative.
Additionally, several changes have been made to our SSN and ITIN requirements.
Updated requirements |
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SSN or ITIN for US resident representatives |
Last four digits required at onboarding for all connected account types. If the last four digits fail verification, representatives will need to provide all nine digits. If the full nine-digit ID number fails verification, representatives will need to upload an ID document. |
SSN or ITIN from US resident representatives and owners |
All nine digits are required once the payment volume exceeds USD500K. |