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How cashless payments are processed

OfferUp is partnering with the payment processor Stripe to enable sellers to accept electronic payment methods. By using OfferUp to accept cashless payments, you agree to the Stripe Connected Account Agreement, which includes the Stripe Terms of Service (collectively, the "Stripe Services Agreement"). For more information, see the Stripe Services Agreement.

When using cashless payments, you may be asked to validate certain personal information. Learn more about how your information is used and safeguarded.

Tax reporting

If you have 200 or more transactions and sell over $20,000 worth of items in a calendar year using cashless payments, you'll be prompted in the OfferUp app to provide your full Social Security number for tax reporting purposes. You will also receive a 1099-K produced by Stripe. For more information, see Stripe Support.

Related links

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