Date of Birth and Last 4 Digits of Social Security Number (SSN) Requirement for US Stripe Accounts

Question

Why does Stripe need my date of birth and the last 4 numbers of my social security number?

Answer

This information is required as part of Stripe’s mandatory identity verification requirement: Stripe must collect, verify, and maintain information on the individuals associated with every US Stripe account, as required by our regulators and financial partners. This is intended to promote transparency and prevent individuals from using complex company structures to hide terrorist financing, money laundering, tax evasion, and other financial crimes.

Additional Information

Our Privacy Policy explains how and for what purposes we collect, use, retain, disclose, and safeguard any personal data you provide to us.