SilverPowerSeller997 | 10-16-2014 01:52 PM | PayPal business account, EIN *AND* SSN I just started to open up a new PayPal business account.
I previously went through the steps of registering a corporation to get a legal business name and tax EIN number.
On the next page, they still asked for the SSN and birthday of the primary contact, even though I had already provided all of the information and EIN of the corporation.
"This information is required to verify your identity. This helps us keep the PayPal community safe as well as meet government regulations.
The PATRIOT Act requires all financial institutions to ask for your Social Security number and confirm your identity to help prevent money laundering." |