Why Do You Need My Social Security Number to set up WePay?

We use your social security number "SSN" as part of our identity identification program.

With this information we verify each user of the WePay service in order to manage ristk and to comply with anti- money laundering laws. If you are an individual or sole proprietor, we also use your SSN for any required tax reporting. If you are acting on behalf of a corporation or other organization with an Employer Identification Number (EIN), WePay will use the EIN for any required tax reporting instead. You can find more information about 1099-K reporting here:https://support.wepay.com/hc/en-us/articles/203609613-Why-do-you-need-my-social-security-number-.

We apologize for any inconvenience this may cause.

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