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Merchant Account being offered are based on your credit score and a risk the acquiring bank takes on you (the merchant). Hence, your Social Security number is required for purposes of obtaining your credit report, and also reporting back on the report.

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10y ago
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16y ago

This is to verify your identity and your credit records. SSNs do not duplicate, and the numbers in your SSN designate what state and county you were born in or immigrated to.

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Q: Why do credit card companies require social security numbers?
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