At DipJar, we are very serious about security. We follow strict guidelines about who can use DipJar to collect funds. In order to protect our customers and dippers from fraud, we need to collect information regarding the organization and the person signing up. The key pieces of information needed are the responsible individual's SSN and Date of Birth. This information is used to verify that the person signing up is indeed affiliated with the organization that intends to use DipJar. Please note: this data is encrypted and not stored or used for any purpose other than verification.
DipJar is legally bound to request this information per law from the Department of Treasury that went into effect in April 2018. The Financial Crimes Enforcement Network (FinCEN) guidance states that any organization that opens a payment processing account must identify a responsible individual; or owner of that account. The owner's identity must be verified with a social security number and date of birth. This includes accounts opened by nonprofits.
To view the FinCEN rule which requires this information, please see the attached link here. Nonprofit organizations are specifically addressed in Question 23.