Verifying our users' identities is crucial to keeping buying and selling safe for everyone on the platform. This is standard bank industry protocol and may include linking your legal address, the last 4 digits of your SSN/SIN, your full SSN/SIN, or photo Identification. Keep in mind SidelineSwap uses Stripe to process payments and bank transfers securely.
Stripe is certified to PCI Service Provider Level 1, which is the most stringent level of certification available. Learn more about Stripe here.
c. Validation and Underwriting: At any time during the term of this Agreement and your use of the Services, we may require additional information from you to verify beneficial ownership or control of the business, validate information you provided, verify you or your Representative’s identity, and assess the risk associated with your business. This additional information may include business invoices, copies of government-issued identification, business licenses, or other information related to your business, its beneficial owners or principals. If you use Payment Processing Services, we may also request that you provide copies of financial statements or records pertaining to your compliance with this Agreement, or require you to provide a personal or company guarantee. Your failure to provide this information or material may result in suspension or termination of your Stripe Account.