RecruitiFi processes payments through Chase and Stripe, which are PCI Level 1 Service Providers—the highest international security standard for financial transactions. Due to the large sums of money involved in recruiting fees, these providers must comply with Federal regulations, including:
Know Your Customer (KYC)
Anti-Money Laundering (AML)
Combating the Financing of Terrorism (CFT)
To meet these requirements, Chase and Stripe must verify the personal identity of a corporate representative through a Social Security Number (SSN) or a valid government-issued ID.
What if My Company Has an EIN?
Even if your company has an Employer Identification Number (EIN), one individual must still provide an SSN or ID for verification. This is not a RecruitiFi policy, but a Federal compliance requirement for online financial transactions.
Who Should Provide This Information?
Any authorized representative who can take action on behalf of your company.
Typically, individual recruiters, a manager, or a billing/finance team member.
How Is My Data Handled?
🚀 RecruitiFi does NOT store or have access to this data.
🔒 Your information is encrypted and sent directly to Chase and Stripe for verification.
This process ensures secure and compliant payments while protecting RecruitiFi, your agency, and financial institutions from fraudulent activity.