Why do you collect my social security number or tax id? Do you share my information with government agencies?

We collect tax IDs as part of our Know Your Customer/Anti-Money Laundering policy. We use this to verify your identity your identity if you're applying for an individual account. We still collect it if you work for a company on Bitwage, even though you do not go through the verification process.

Bitwage will not proactively share your information with any government agency (with the exception of the IRS when certain thresholds are met for American residents
only). 

What is my Tax ID?
Bitwage asks for a user's tax ID as part of verification, but what is it in different countries?

As part of Bitwage's verification process, we will request your tax identification number. In the United States, this typically refers to an individual's Social Security Number (SSN) or a company's Employer Identification Number (EIN). For other countries, please utilize the equivalent identification number. We have compiled a list from online sources that provides the closest equivalents for a select number of countries. If your country is not included in the list, you can simply search online for the "equivalent of a Social Security (or Employer Identification) number in," and the search results should yield the number we require!