Cash App Settlement Payouts: May 2025 is a special month for Cash App users, owing to the major update concerning the Cash App lawsuit payout. This is due to the class action in which Block, Inc. (formerly Square, Inc.) was accused of securing the user data, which led to the Cash App data breach settlement case. The company does, however, repent by agreeing to a multi-million-dollar settlement rather than protracted litigation.
Let us tell you more about how to apply for this Cash App settlement claim, when it will be paid, and what things to keep in mind.
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What is Cash App Settlement?
The settlement here concerns the data breach where the information from many Cash App users was accessed without authorization. Among this information was also the financial details of the users. To end this case, the company has set aside a multimillion-dollar fund to pay affected users.
Who is eligible for the Cash App settlement?
You are one of those wondering whether you are eligible for the Cash App settlement; here are the criteria that will let you know:
- You were a Cash App user between January 1, 2018 and December 31, 2021.
- You were involved in the data breach publicized in April 2021.
- You did not timely opt out of the settlement class.
If in doubt whether you are eligible, you can check your status by visiting the official Cash App Settlement website by entering your email or phone number.
How to File a Cash App Settlement Claim?
Claiming with Cash App is simple. There is no need to send physical documents. Just do the following:
- Visit the official Cash App Settlement website (as listed in the legal notice).
- Click the option to “Submit a Claim”.
- Fill in your details – Name, contact numbers, and other parts relevant to Cash App.
- Indicate pay method – direct deposit, PayPal, or by check mailing.
- Submit your claim before July 15, 2025.
Note: If you file a claim after the deadline, you will not be entitled to compensation.
How much will be received in the settlement?
The amount of settlement payout will be made in Cash App Lawsuit Crews on a per-case basis. The major determining factors would include:
- The number of valid claims submitted.
- How much of your data suffered or was affected?
If you have proof of money loss, that too.
However, those who did not incur losses will receive a fixed compensation amount. But those with proof of loss may get additional compensation.
What is the Cash App Settlement Payment Date?
Payment processing will start in October of 2025 after a claim submission. However, it is first necessary to obtain final court approval in September 2025. There might be slight delays in these payments when appeals are in court or additional documents are requested.
The important dates in short are as follows:
| Date | Event |
|---|---|
| April 2021 | Data breach disclosure |
| May 2025 | Public announcement of the settlement |
| July 15, 2025 | Deadline to file a claim |
| September 2025 | Final court approval hearing |
| October 2025 | Start of payment processing |
How to check the status of your Cash App Settlement Claim?
Once your claim is filed, you will get a confirmation number. Using this number, you will be able to:
- Track your claim processing status.
- Edit your contact or banking information.
- Receive any latest payment updates.
So safeguard the confirmation number and check the status from time to time.
What will take place if the deadline is missed?
If you are unable to file a claim by the 15th of July, 2025, you will generally lose the right to receive compensation. The court may, in certain respects, grant an extension or even reopen the window altogether. Hence, it is good to keep an eye on legal notifications and the website for the respective settlements.
What errors should not be committed while filing a Cash App Settlement Claim?
- While claiming a Cash App settlement, some things should be kept in mind:
- Do not submit incomplete or incorrect information.
- If you are making claims for financial losses, attach proof.
- Do not ignore email notifications.
- Remember to check the spam folder, too, so that important information is not missed.
- A tiny carelessness might get your claim rejected.
Conclusion
Cash App settlement has come as a sigh of relief for those users whose data is not safe. If you satisfy the conditions of Cash App settlement eligibility, do not waste time and file your Cash App settlement claim. It is of utmost importance to make your claim before July 15, 2025, so that you too can benefit from the Cash App lawsuit payout.
Next, do ensure that you keep your information current, and from October 2025 onwards, just wait for the Cash App settlement payment date. Do take note that only by providing accurate and complete information will your claim be fast-tracked.
FAQs
Q1. What is the Cash App Settlement?
A. The Cash App settlement is a class action lawsuit against Block, Inc. (formerly Square, Inc.) related to allegations of data mishandling and unauthorized access to user accounts. The company has agreed to a multi-million-dollar settlement to compensate users who were affected by this breach.
Q2. When will I receive my Cash App settlement payout?
A. Payments are expected to start processing in October 2025, following final court approval in September 2025. However, delays may occur if there are appeals or additional documentation requests.
Q3. What if I miss the filing deadline for the Cash App settlement?
A. If you miss the July 15, 2025 deadline, you will likely forfeit your right to compensation. However, it’s worth checking for updates, as sometimes courts may extend deadlines or reopen filing windows.