Why Is PayPal Asking for SSN Information? (What You Can Do About It)

Why is Paypal Asking for SSN Information

Whenever you open a PayPal account, you need to provide the site with certain personal details. PayPal, itself, is an online financial service that permits users to pay for items using a secured account online. In some cases, you may ask, “Why is PayPal asking for SSN information?”

 

What General Info Is Needed for Signing Up for PayPal?

To use the PayPal account, you must add certain details, primarily the following:

  • Your bank account(s)
  • Your debit or credit card details
  • Your contact information

When adding the account information, you can set one of the accounts as the default payment method and establish one as a back-up choice. Because PayPal has been in business for a fairly long time, you can find the “pay by PayPal” option on thousands of sites online.

PayPal offers buyer protection, which safeguards you if you dispute a charge and want to request a refund.