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Why SSN and personal information is required for Stripe
Why SSN and personal information is required for Stripe

Stripe collects your information with complete security and purpose.

Daniel Andrews avatar
Written by Daniel Andrews
Updated over a week ago

We use Stripe to handle our KYC (Know Your Customer) and AML (Anti-Money Laundering) checks in compliance with federal law in order to process your payments. We do not store any of this information and only use it for compliance checks. No one at Playground will ever have access to this information.

Stripe requires customers to provide their SSN and personal information for identity verification and regulatory compliance purposes. The company stores this information securely using industry-standard encryption methods and limits access to authorized personnel only.

As a multinational corporation, Stripe handles a vast amount of payment transactions, amounting to hundreds of billions of dollars each year. The company's clientele includes major corporations, and Stripe ensures the highest levels of compliance with regards to data security and privacy.

Rest assured that Stripe takes the privacy and security of customer information seriously, and works diligently to ensure that all data is kept safe and confidential.

Stripe and Playground pride themselves on maintaining transparency in its operations, particularly in relation to the handling of customer data. Stripe strives to be clear and open about its policies, procedures, and the way it uses and protects customer information.

Stripe also publishes transparency reports, detailing how it responds to requests for user data from governments and other entities. Read more about the Date of birth and Social Security Number (SSN) requirement for US Stripe accounts.

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