Why do you need my physical address?

Banking regulations require all financial institutions, LaterPay and banks, to list their customers’ physical address.

Like all financial institutions, LaterPay abides by the federal laws and regulations that collectively are known as Know your Customer. These regulations are in place to thwart money laundering.

As part of those regulations, we require each of our Merchants and Users to list their physical address. For companies, you should list the headquarters of the organization.