Payments from Cash App's $15 million data security settlement are due to go out this month. According to USA TODAY, users who filed claims two years ago may soon start receiving money. The settlement website says approved claims will be paid in October 2026.

What Is the Settlement About?

The class-action lawsuit accused Cash App and its parent company, Block, of failing to protect customer information. USA TODAY ties it to a December 2021 breach that exposed personal information of 8.2 million current and former Cash App Investing customers. Other outlets describe security incidents in 2022 and 2023. Cash App and Block deny wrongdoing and did not admit to violating any laws.

Who Qualifies for a Payment?

Only people who already filed a claim and had it approved will be paid. Current and former Cash App users were eligible if their account or personal information was accessed without permission, or if they had fraudulent withdrawals or transfers, between August 23, 2018, and August 20, 2024. The claim deadline was November 18, 2024. New claims are no longer accepted.

How Much Could You Get?

  • Documented losses: up to $2,500 in out-of-pocket losses from the incidents.
  • Lost time: up to three hours at $25 an hour, or a maximum of $75.
  • Final amounts: actual payments depend on the number of approved claims and the settlement terms.

How Will Payments Arrive?

Claimants chose their payment method when they filed. Options included direct deposit, Venmo, Zelle, a prepaid Mastercard or a paper check. Payments cannot be sent through Cash App itself. Direct deposit is generally faster than waiting for a check in the mail.

Where It Stands

The court granted final approval on March 27, 2025. The administrator says its claims review process, including deficiency responses and appeals, is complete.

How to Check Your Status

  • Visit the official settlement site, cashappsecuritysettlement.com.
  • Watch the payment method you selected so you do not miss your funds.
  • Beware of scams. Only use the official site, administered by Angeion Group.

A Separate Settlement

This is not the same as Block's separate $45 million settlement with 46 US states. Payments from the $15 million class action are for approved claimants only.

Key Takeaways

  • Payments are scheduled for October 2026.
  • Only approved claimants who filed by November 18, 2024, will be paid.
  • Payments are capped at $2,500 for documented losses.