Why Does Cash App Need My SSN?

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Cash App Asks Your SSN for following reasons

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1. To Stop Money Laundering

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With SSN Cash App can keep track of all transactions and the people involved. This curbs money laundering.

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2. To Follow the Law

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Cash App is required by the law to collect your personal details including your SSN.

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3. To Avoid Identity Clash

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Your SSN ​is a unique number that only belongs to you. This saves you ​from fraudulent charges filed against a person who has the same name as you.

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