Social security number

Level 1
Is it just for shipping sales?

@Niknaknik wrote:
Is it just for shipping sales?

@Niknaknik 

The SSN# inquiry is required for OfferUp's cashless payment (for deposits) system, which does include the shipping process, especially for sellers (so that they can get paid).

 

Stripe (OfferUp's payment processor) is required to ask for your personal info due to the Bank Secrecy Act (BSA) and the Customer Identification Program (CIP), which were implemented after 9/11 under the US Patriot Act.

Level 9
Yep, it's also part of the reason some bitcoin / apps (for example Coinbase / CashApp) ask for it nowadays.
But it CAN be stored by Stripe.

@Kitkatgirl_45 wrote:
But it CAN be stored by Stripe.

@Kitkatgirl_45 

All 3 major credit reporting companies have been hacked within the the last decade. In addition, back in the day, when Fair Issac Corp (FICO) had its HQ in California their firewall system was a joke, as I personally saw the setup.

 

FYI, banks get hacked all the time. You only get notified if your account has been affected by it (loss of funds...but you don't get notified IF the hackers had access to your personal info).

Highlighted
Right!! But hey here’s my SSN🙄
Captain
I've been a victim of identity fraud twice. I had to close my account, get new debit cards, new checks, fill out a police report etc. I'm not giving my social security number to anyone. Not even the last 4 digits. I opened a new savings account just to receive payments from offer up. I didn't know there would be more red tape. I provided my birthday (WHY DO THEY NEED THIS?) and my routing and account number. WHY do they need anything else? I'm not giving my money to anyone else. It's a deposit account for crying out loud. I will provide my address and phone number. If that's not acceptable I'll not offer shipping with any of my items anymore.

@Nightowl30 

The key point is that OU has decided to ONLY allow payments to be deposited into bank accounts (and/or to those accounts with routing numbers). If you bothered to scroll up on this same page, I clearly gave an explanation as to why the SSN# is a requirement.

 

The SSN# inquiry is required for OfferUp's cashless payment (for deposits) system, which does include the shipping process, especially for sellers (so that they can get paid).

 

Stripe (OfferUp's payment processor) is required to ask for your personal info due to the Bank Secrecy Act (BSA) and the Customer Identification Program (CIP), which were implemented after 9/11 under the US Patriot Act.