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09/04/2024

Cash App ordered to pay $15M — and users may be entitled to $2,500 payout

Detroit Free Press

Cash App users could see up to $2,500 sent to their bank accounts soon.

In a settlement, the mobile payment service Cash App was ordered to pay out $15 million in damages.

If users had unauthorized or fraudulent withdrawals or transfers of funds from their Cash App account between Aug. 23, 2018, and before Aug. 20, 2024, they are eligible to submit a claim for up to $2,500, the Cash App website said.

Here is what you need to know.

Do I qualify to file a claim? 

Users must have had an account between Aug. 23, 2018 and Aug. 20, 2024 to file a claim. Users who have already been reimbursed by Block Inc., Cash App Investing or a third party are not eligible.

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