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Items tagged with: BindingArbitration

Heads up! #CashApp probably had a big security breach they're about to announce, because they just released new terms of service with a draconian binding arbitration clause, and the only way to opt out is to fill out a specific form on paper and pay to send it to them via postal mail.
Personally, I'm just going to delete my account.
Ref: cash.app/legal/us/en-us/tos
#privacy #infosec #cybersecurity #arbitration #BindingArbitration #ConsumerRights
Screenshot of excerpt from Cash App terms of service: Opt Out. You may reject this arbitration agreement, in which case only a court may be used to resolve any Dispute. To reject this agreement, you must send us an opt-out notice (the “Opt Out”) within thirty (30) days after you first create a Cash App Account, or for existing customers who agree to this as a terms update, within thirty (30) days of agreeing to such updated terms. The Opt Out must be mailed to Block, Inc., Attn: Arbitration Agreement, 1955 Broadway, Suite 600, Oakland, 94612 (please note that any correspondence not related to opting out sent to this PO Box will not receive a reply). For your convenience, we are providing an opt out notice form you must fill in to Opt Out. You must complete this form by providing your name, address, $Cashtag, phone number and the email address(es) you used to sign up for and use the Services. This is the only way of opting out of this arbitration agreement. Opting out will not affect any other aspect of the Cash App Terms, Additional Terms, or the Services, and will have no effect on any future agreements you may reach to arbitrate with us. An Opt Out that purports to opt out multiple parties will be invalid as to all such parties. No individual party (or their agent, representative, or group of agents or representatives) may effectuate an Opt Out on behalf of other individual parties.

Terms of Service | Cash App

The Cash App Terms of Service govern your use of Cash App. By using Cash App you agree to be bound by these Terms, and all other terms and policies applicable to each Service.
cash.app
#privacy #infosec #cybersecurity #consumerrights #CashApp #arbitration #bindingarbitration

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