1. Givsum Help Desk
  2. Subscriptions and Billing

My Organization's Checking Account is Asking for My Personal Information

Do I have to provide my own personal information to set up my organization's account through Stripe?

Stripe, Givsum's payment processor, is required to collect, verify, and maintain information on the individuals associated with each Stripe account. These requirements come from U.S. regulators and financial partners, and are intended to prevent individuals from using complex schemes to hide terrorist financing, money laundering, tax evasion, and other financial crimes. You can read about this here: https://support.stripe.com/questions/date-of-birth-and-last-4-digits-of-social-security-number-ssn-requirement-for-us-stripe-accounts , as well as review Stripe's Privacy Policy which explains why this information is needed, what they do with it, and how they safeguard it: https://stripe.com/us/privacy."