Why Does Cash App Need My Full Ssn. It's because of federal anti money laundering and anti tax evasion regulations. Stripe, our credit card payment processor, also helps us disburse funds to you.
As a part of a holistic approach to keep cash app neat and clean from fraud and scams, cash app demands users to verify their identity. Open the cash app on your mobile device. Cash app verification process is pretty simple.
Why does cash app need my ssn?
And to ensure the full proof identity of users, cash app demands users to enter last for digits number of an ssn. Apart from this, it also helps in the prevention of you can use cash app freely without any hassle; He/she can look for direct deposits and withdraw bitcoins. Why does cash app ask for social security number?