Why do I need to provide a date of birth and Social Security Number?

Stripe has an answer from their support site, found here:

Part of our responsibilities to our financial partners involves verifying your identity and confirming the legitimacy of your business. Collecting this information enables us to automate parts of this process so that you can start running charges immediately.

We do not use this information for any other purpose, and we take your privacy and the security of your data very seriously.

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