regulatorynerd
Joined 5 years ago
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Comment · 4 years ago
Comment · 4 years ago
Yes, it should be funding source agnostic. Anyone moving to the new card types will be prompted to provide their SSN.
Comment · 4 years ago
Hi -- head of legal and compliance for Privacy.com. tl;dr is US consumer card types have lots of rules and laws attached, and we needed to have folks accept some new terms before we could give you all access to the new card types. Thanks for using our service!
Comment · 4 years ago
Hi -- I'm the head of legal and compliance for Privacy.com. Unfortunately this is a bank partner requirement, otherwise we wouldn't ask.
We do take customer privacy and security very seriously, and have worked hard to have similar data security safeguards as larger companies like Square and Stripe (both places I've worked, so I would know!). You can read more about some of our security practices here. https://privacy.com/security
Comment · 4 years ago
Hi -- I'm the head of legal and compliance for Privacy.com. Unfortunately this is a bank partner requirement, otherwise we wouldn't ask.
We do take customer privacy and security very seriously, and have worked hard to have similar data security safeguards as larger companies like Square and Stripe (both places I've worked, so I would know!). You can read more about some of our security practices here. https://privacy.com/security
Emails are going out in phases. But if you log into your dashboard, you should be prompted to accept the new terms and re-issue any merchant locked cards.
Some folks will already be on the new product if they signed up during our public beta period, so if you don't hear from us you're likely already on the new card types.