Why Do You Need My Tax ID Number?

The Tax Identification Number is Required

To fulfill our legal obligations to ensure that all electronic payments are accurately attributed to legitimate businesses and individuals, Allied Payments must collect a Tax Identification Number (TIN) for every new account.

For most businesses, this will be your Employer Identification Number (EIN) the IRS provides. Your Social Security Number (SSN) may be used for Sole Proprietors without an EIN. Supplying this number is required for all new accounts.

What Happens if I Make a Mistake?

The TIN you provide will be matched with IRS records as part of our verification process for new accounts. If there is a discrepancy due to an incorrect number or a mismatch between your business name and the IRS records, we will encounter a TIN mismatch that must be corrected before the account is approved and set up.