Company > Q&A > Guide > Payments > Why is Stripe Asking for my Social Security?
Your SSN is for identity verification ONLY; Stripe is federally required to officially know someone connected to the account. Stripe must collect, verify, and maintain information on the individuals associated with every US Stripe account, as required by their regulators and financial partners. Your information is secure, and Guidesly doesn't access or store it.
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.
Stripe's Privacy Policy explains how and for what purposes they collect, use, retain, disclose, and safeguard any personal data you provide.
