Certain information, such as a Social Security number or employer identification number, is required for all US Sellers for tax reporting purposes so that you can receive relevant tax forms each year.
When deciding on Hyperwallet for TPT payouts, security, fees, customer service, and overall Seller experience were all top of mind. We evaluated several payment processors and found that Hyperwallet was able to deliver the best service and options.
We completely understand how important it is to keep this information secure and you can read more about the security and compliance measures Hyperwallet has in place here.