Our payment partner, Stripe, is required to collect, verify, and maintain information on the individuals associated with each US Stripe account. These requirements come from regulators and financial partners and are intended to promote transparency and prevent individuals from using complex company structures to hide terrorist financing, money laundering, tax evasion, and other financial crimes.

One of the primary reasons Stripe is able to get users up and running so quickly is their rather rather unique registration process. They use an individual’s date of birth and last four digits of their SSN to programmatically verify their identity.

We understand the hesitation that some users might have with providing last 4 digits of their SSN since in the past this has not been required by most financial services businesses. The primary reason for this change is that in July 2016 FinCEN (Financial Crimes Enforcement Network) updated their policy as it pertains to the customer due diligence for banks and other financial businesses. These businesses were given until May 11, 2018 to comply, so as of that date companies such as our payment processor, Stripe, are required to comply.

Also, please note that none of the information you enter to validate your payment account is held by WhatsGood.

Please, feel free to send us a message or read up on Stripe's Privacy Policy if you have any further questions.

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