Cash App collects and uses your data in connection with providing its services, as governed by its Privacy Notice; by using the app you consent to this data usage.
Cash App processes significant amounts of financial and personal data; understanding what is collected, how it is shared, and your rights to access or delete it is important for your privacy.
Data collection and usage by a consumer financial services platform implicates CCPA/CPRA for California residents (right to know, delete, and opt out of sale), Gramm-Leach-Bliley Act financial privacy requirements, and CFPB supervisory authority over data practices at nonbank financial companies; compliance teams should verify that Privacy Notice disclosures satisfy all applicable state and federal data privacy requirements.
Compliance intelligence locked
Regulatory citations, enforcement risk, and due diligence action items.
Watcher: regulatory citations. Professional: full compliance memo.
Cash App's terms significantly affect consumers' financial rights, requiring binding arbitration for most disputes and waiving class action rights, which limits recourse if something goes wrong with payments, account suspensions, or fees. The agreement also grants Block broad authority to suspend or close accounts, freeze funds, and reverse transactions, which can directly impact access to money. You can opt out of the arbitration clause by mailing a written notice to Block, Inc. within 30 days of first accepting the terms.