Digital payment platforms like Cash App have simplified money transfers for millions of users. However, the company recently faced legal action for violating consumer privacy laws.
In a major update, Cash App has agreed to a $12.5 million class action settlement, allowing eligible users in the U.S. to receive up to $147 each.
This settlement stems from a lawsuit accusing Cash App of sending unsolicited promotional text messages to users without their consent, breaching the Telephone Consumer Protection Act (TCPA).
What Led to the $12.5 Million Settlement?
Cash App allegedly sent promotional or referral text messages to individuals who had not opted in or registered for such communication.
The messages, which encouraged people to join or refer others, were deemed a violation of user privacy rights.
Instead of fighting a lengthy legal battle, Cash App chose to settle the lawsuit financially. The company did not admit wrongdoing but agreed to pay the settlement to resolve claims efficiently.
This move helps the company avoid extended litigation and reinforces the importance of user consent in digital communications.
Key Settlement Details
Category | Information |
---|---|
Settlement Amount | $12.5 Million |
Maximum Individual Payout | Up to $147 per person |
Eligible Users | U.S. residents who received unsolicited promotional Cash App texts |
Time Period Covered | Between 2018 and 2023 |
Type of Message | Promotional or referral texts sent without user consent |
Claim Requirement | Must file a claim through the official settlement site |
Distribution Method | Direct deposit or mailed check after approval |
Who Is Eligible to Receive the $147 Payment?
To qualify for the payment, individuals must meet the following conditions:
- Live in the United States.
- Have received unsolicited Cash App promotional or referral text messages between 2018 and 2023.
- Submit a valid claim form through the official settlement portal before the deadline.
Non-U.S. residents, including users from other countries, are not eligible for this settlement.
How to Claim Your Cash App Settlement Payment
The claim process is quick and easy:
- Visit the official settlement website and locate the claim form.
- Provide your contact information and confirm that you received unsolicited Cash App texts.
- Submit the form before the deadline to ensure eligibility.
- Once approved, receive your payment via check or direct deposit.
The exact payout per individual will depend on the total number of valid claims submitted. The fewer people who apply, the higher the potential payout, up to $147.
What This Means for Digital Privacy
This case underscores the growing importance of digital privacy and user consent. Companies must secure clear permission before sending promotional messages, or they risk facing significant legal and financial consequences.
It also highlights the value of class action lawsuits in protecting consumer rights. Such legal actions allow large groups of individuals to seek compensation collectively without the burden of filing separate cases.
The $12.5 million Cash App settlement is a significant win for digital privacy advocates and consumers alike. Eligible individuals can claim up to $147 by submitting a valid form before the deadline.
This serves as a reminder that user consent and transparency are vital in today’s digital landscape. If you’ve received unsolicited texts from Cash App in recent years, act now to ensure you receive your rightful compensation.
FAQs
How much can I receive from the settlement?
Eligible participants can receive up to $147, depending on the total number of approved claims.
Do I need to be a Cash App user to qualify?
No. You only need to have received unsolicited promotional texts from Cash App within the eligible timeframe.
When will I receive my payment?
Payments are expected to be distributed a few weeks after all claims are processed and court approval is finalized.