Cash App Apple Pay Settlement: $15 Million Data Breach Claim

A $15 million data breach claim has been filed against Cash App and Apple Pay, alleging that the companies failed to protect user data. This claim is a major concern for anyone who uses these services.

The data breach is believed to have occurred in 2020, with hackers gaining access to sensitive information including names, email addresses, and phone numbers.

The Cash App settlement is about getting compensation for users whose data was accessed by third parties due to breaches. This includes those who lost money to fraudulent transactions.

Cash App is denying any wrongdoing, but agreed to pay out $15 million to affected customers.

To qualify for the settlement, you must be a current or former Cash App user who had their personal information compromised without consent.

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To be eligible for the Cash App settlement, you must meet three specific criteria. You must be a current or past Cash App customer, your personal information must have been obtained without consent, and/or you experienced fraudulent transactions between August 23, 2018, and August 20, 2024.

The settlement website provides a clear outline of the eligibility requirements, which include being a user of Cash App and/or Cash App Investing, having your account accessed without permission, and experiencing unauthorized or fraudulent withdrawals or transfers between August 23, 2018, and August 20, 2024.

If you meet these requirements, you can submit a claim for up to $2,500. The actual payout will depend on the impact of the data breaches on you, but the maximum amount you can receive is $2,500 per person.

You can submit a claim on the Cash App website, and the deadline for submission was November 18, 2024. The law firm representing the plaintiffs in the class-action lawsuit is Kantrowitz, Goldhamer & Graifman, and you can contact them at 201-897-7293 or visit their website at kgglaw.com.

Here are the key eligibility criteria summarized:

The final court hearing is scheduled for December 16, 2024, and payments will follow after this date.

If you're eligible, you can submit a claim through the official settlement website, which is a dedicated site for Cash App users to file their claims.

To qualify, you must be a current or former Cash App user who had personal information compromised without consent, and/or experienced unauthorized transactions between Aug. 23, 2018, and Aug. 20, 2024.

You can submit your claim online or by printing off a claim form and mailing it in, but the deadline is November 18, 2024.

You only need to submit one claim, regardless of how many Cash App accounts you have.

To support your claim, you may need to provide evidence such as receipts, credit card statements, or police reports.

If you don't want to be included in the settlement, you must mail in a written notice by November 1, 2024.

Compensation amounts will vary based on individual circumstances and the extent of the breach's impact on each claimant.

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Here are the types of claims you can file for:

The deadline for claim submissions is November 18, 2024, and payments will be distributed after the final court hearing on December 16, 2024.

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