cash.app Open in urlscan Pro
162.159.140.44  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Cash App


CASH APP TERMS OF SERVICE

Effective: February 7, 2024

Last Updated: April 24, 2024

NOTE: This update contains updates to the arbitration agreement in Section
XIII.19 below.

Please click here to see prior updates to the Terms of Service.

We’ve included annotations in the gray boxes below to emphasize certain portions
of our notice and help guide you as you read them. Annotations aren’t part of
the terms and have no legal effect, but they should help you follow the text.

This page explains our terms for Cash App. By using the service, you agree to
these terms. If you use the service on behalf of your company, your company
agrees to them too.

These Cash App Terms of Service (the “Cash App Terms”) are a legal agreement
between you, as a current or prospective user of the Services, and Block, Inc.,
formerly known as "Square, Inc." (hereafter, “the Company,” “we,” “our” or us”),
and governs your use of Cash App, a financial platform, which includes mobile
applications, websites, software, cloud-based solutions, and other products and
services (the “Service”), offered by the Company. If you are using the Service
on behalf of a business or entity, you acknowledge and agree that you have
authority to bind such business or entity and that such business or entity
accepts these terms. By using the Service you agree to be bound by these Cash
App Terms and any policies referenced within (“Policies”), including our Privacy
Notice (see Section V.5) and Cash App Acceptable Use Policy (see Section
XIII.4).

Please note that you should review all Cash App Terms carefully, including those
provisions which limit our liability (see Section XI.16) and those regarding
individual arbitration for potential legal disputes (see Sections XI.18 and
XI.19).

TABLE OF CONTENTS

I. Stored Balance Disclosures

II. Revisions, Disclosures, and Notices

III. Cash App Account

IV. Communications and Devices

V. Data and Service Usage and Ownership

VI. Cash App Balance

VII. Peer-to-Peer Service

VIII. Cash App Card

IX. Virtual Currency Services

X. Cash App Investing

XI. Cash for Business

XII. Transaction Information and Disputes

XIII. Cash App Offers

XIV. Other Legal Terms

XV. Mobile Check Capture

I. STORED BALANCE DISCLOSURES


LIST OF ALL FEES FOR CASH APP STORED BALANCE

All Fees Amount Get Started Account setup
$0 Monthly Usage Monthly fee $0 Add Money Direct Deposit $0 Receive money $0 Add
Cash - External Account $0 Paper Money Deposit


Fee applies to paper money deposits at participating retailers. Check your app
for a list of retailers in your area.

$1 Receiving a merchant refund $0 Spend Money Sending money using your cash
balance or debit card $0 Get Cash Cash Out (standard)


No fee to transfer money from your Cash App account to a linked account with the
standard option. The money is typically available in 1-3 business days.

$0 Instant Deposit


Fee for expedited transfer from your Cash App account to a linked account. Funds
are typically available within minutes. The applicable fee amount is disclosed
at the time of the transaction.

0.5%-1.75% ($0.25 min) ATM withdrawal - in-network


Effective through January 8, 2023: Our ATM withdrawal fee is $2.50. You may also
be charged a fee by the ATM operator. If you receive $300 or more in direct
deposits in any given month, we will reimburse all fees for three ATM
withdrawals (up to $7 in fees per withdrawal) for the following 31 days. Any
additional withdrawals in the 31 day period will be $2.50.

Effective January 9, 2023: Our ATM withdrawal fee is $2.50. If you receive $300
or more in paycheck direct deposits each month, we will waive our withdrawal fee
for the following 31 days.

$2.50 ATM withdrawal - out-of-network


Effective through January 8, 2023: Our ATM withdrawal fee is $2.50. You may also
be charged a fee by the ATM operator. If you receive $300 or more in direct
deposits in any given month, we will reimburse all fees for three ATM
withdrawals (up to $7 in fees per withdrawal) for the following 31 days. Any
additional withdrawals in the 31 day period will be $2.50.

Effective January 9, 2023: Our ATM withdrawal fee is $2.50. You may also be
charged a fee by the ATM operator. If you receive $300 or more in direct
deposits in any given month, we will fully reimburse fees for one ATM withdrawal
for the following 31 days. Any additional withdrawals during the same 31 day
period will be $2.50, plus any operator fees.

$2.50 Information Customer service (in-app) $0 Customer service (email) **$0**
Customer service (phone) $0 ATM Balance Inquiry N/A Other Inactivity $0 Send
from credit card 3%

No overdraft/credit feature.

Stored balances of Cash App Card customers are eligible for FDIC insurance
through our partner bank Wells Fargo Bank, N.A., Member FDIC. These funds are
insured up to $250,000 by the FDIC if Wells Fargo Bank, our partner bank that
holds your funds fails and specific deposit insurance requirements are met. If
you do not have a Cash App Card and you do not sponsor a Sponsored Account, your
stored balance is not protected by FDIC deposit insurance at this time.

Contact Cash App at 1-800-969-1940, by mail at Cash App, 1955 Broadway, Suite
600, Oakland, CA 94612, or at cash.app/help

For general information about prepaid accounts, visit cfpb.gov/prepaid

If you have a complaint about a prepaid account, call the consumer financial
protection bureau at 1-855-411-2372 or cfpb.gov/complaint


DETAILS ABOUT YOUR CASH APP STORED BALANCE

Monthly Fee $0 Per Purchase Fee $0 ATM Withdrawal $2.50* Paper Money Deposit $1
ATM Balance Inquiries N/A Customer Service $0 Inactivity $0

We charge two other types of fees.

Send from Credit Card: 3%
Instant Deposit: 0.5%-1.75% ($0.25 min)

*This fee can be lower depending on how and where your card is used.

No overdraft/credit feature.

Stored balances of Cash App Card customers are eligible for FDIC insurance
through our partner bank Wells Fargo Bank, N.A., Member FDIC. If you do not have
a Cash App Card and you do not sponsor a Sponsored Account, your stored balance
is not eligible for FDIC deposit insurance at this time.

For general information about prepaid accounts, visit https://cfpb.gov/prepaid



Find details and conditions for all fees and services at
https://cash.app/legal/us/en-us/tos

II. REVISIONS, DISCLOSURES AND NOTICES

We can make updates to the Terms at any time, and we’ll notify you of these
updates as appropriate. By continuing to use our services after these updates,
you agree to the revised terms.

You also agree to receive notices from us electronically.

We may amend these Cash App Terms at any time with notice that we deem to be
reasonable under the circumstances, by posting the revised version on our
website, or by communicating it to you through the Services (each a “Revised
Version”). Your continued use of the Services after the posting of a Revised
Version constitutes your acceptance of such Revised Version. Any Dispute (as
defined in Section XI.18) that arose before the changes will be governed by the
Cash App Terms in place when the Dispute arose.

You agree to Cash’s E-Sign Consent. We may provide disclosures and notices
required by law and other information about your Account (defined below) to you
electronically, by posting it on our website, pushing notifications through the
Services, or by emailing it to the email address listed in your Account.
Electronic disclosures and notices have the same meaning and effect as if we had
provided you with paper copies. Such disclosures and notices are considered
received by you within twenty-four (24) hours of the time posted to our website,
or within twenty-four (24) hours of the time pushed or emailed to you. If you
wish to withdraw your consent to receiving electronic communications, contact
Cash App Support. If we are not able to support your request, you may need to
terminate your Account.

III. CASH APP ACCOUNT

1. ELIGIBILITY AND ACCOUNT REGISTRATION

Using Cash App requires that you open an account. You need to be a U.S. resident
and at least 18 years old. If you want to use your account balance to send money
to another Cash App customer or use certain Cash App products or services, then
you’ll need to give us some more information about you that we will use to
verify your identity.

This is also the part where you tell us you own the email or phone number you
registered with and that the personal information you provide to us is correct.
You agree to cooperate with us so that we can verify your identity. We might use
third parties to help us do so.

You must be a resident of the United States, at least 18 years and the age of
majority in your State of residence, and you must register for an account (your
“Account”) to use the Service. Certain features of the Service may only be
available for use in the United States. Some features, such as the ability to
send money to another Cash App customer with the balance in your Account, may be
available only if you provide us with certain information about you and we are
able to verify your identity. We verify your identity on our own behalf and to
facilitate certain of our partners, including our banking partners, in meeting
their own obligations.

A. Registering, Opening, Using, Upgrading, or Switching an Account

To register, open, use, upgrade, or switch an Account, the Company may require
that you submit certain information about yourself and your business to the
Company, including but not limited to your legal name, email address,
text-enabled mobile phone number, street address, zip code, date of birth,
social security number, a government issued form of identification, legal
business name, business address, taxpayer identification number, and any
information you subsequently add or update (“Account Information”). You
represent and warrant that all Account Information you provide the Company to
register, open, use, upgrade, or switch an Account, including but not limited to
a Cash for Business Account is true and accurate, and you agree to keep all
Account Information current. All Account Information is subject to the Cash App
Copyright and Trademark Policy.

B. Restricted Accounts

When you first open your Account, it will be a “Restricted Account.” With a
Restricted Account, you may link an external, U.S.-issued bank account (an
“Eligible Bank Account” as defined below) to make a payment to another Cash App
customer (including payments made to a Cash for Business Account, defined
below), and you may transfer funds from your Cash App Balance (defined below) to
your Eligible Bank Account, but you will not be able to make a payment to
another Cash App customer (including a Cash for Business Account) using your
Cash App Balance or use certain Services. If you have a Restricted Account and
you attempt to make a payment to another Cash App customer from your Cash App
Balance or use certain Services, then you will be given the option of upgrading
your Account to an “Unrestricted Account.” To upgrade your Account, you will
need to provide us with certain personal information so that we can verify your
identity.

C. Validating and Authenticating Your Identity You hereby authorize the Company,
directly or through the Company's use of third parties, to make any inquiries we
consider necessary to validate your identity or authenticate your identity and
Account Information and, for Cash for Business Accounts, the identity of the
business or legal entity. This may include asking you for further information or
documentation about your Account usage or identity, requiring you to take steps
to confirm ownership of your email address, mobile phone number or financial
instruments, or verifying your information against third party databases or
through other sources. When we initially verify your identity, your Account will
convert from a Restricted Account to an Unrestricted Account.

In connection with your use of the Service, you may not refuse to (a) cooperate
in an investigation concerning activity that potentially violates the law or the
Terms, (b) provide confirmation of your identity, or (c) provide confirmation of
any information you provide us. If you decline to provide us with the
information that we request or if we cannot verify your identity to our
satisfaction (in our sole judgment and discretion) for any reason, then your
Account will remain a Restricted Account and you will not be able to use your
Cash App Balance to make payments to other Cash App customers or use certain
Services. In addition, we reserve the right to change the account type or
suspend or terminate the Account or access to certain Services of anyone who
provides inaccurate, untrue, or incomplete information.

The first time you access your Account using a new device we may require you to
authenticate your Account with additional information. If your Account cannot be
verified you may be required to set up a new Account.

2. SPONSORED ACCOUNTS

a. If you are over the age of 28, you may, in our sole discretion, authorize the
usage of Accounts for up to four (4) people who are 13 years of age or older
(each such individual, a “Sponsored Person” and each such Account, a “Sponsored
Account”). To authorize a Sponsored Account, you must either (1) be the
Sponsored Person's biological or adoptive parent, or (2) be the Sponsored
Person’s guardian (as defined below).

For purposes of this agreement, a “guardian” is defined as (i) a legal guardian,
(ii) a foster parent, (iii) a stepparent who resides in the same household as
the Sponsored Person, or (iv) a grandparent who resides in the same household as
the Sponsored Person.

You will be required to attest to your relationship with the Sponsored Person.
Cash App may also require additional verification and qualifications, and may
decline, or revoke at any time, authorization in its sole discretion.

For purposes of the Cash App Terms, any reference to your “Account” includes any
associated Sponsored Accounts. You acknowledge that the Cash App Terms and
Privacy Notice will apply to you with respect to each Sponsored Account and to
each Sponsored Person, and you hereby accept all applicable terms and conditions
on behalf of each Sponsored Person and Sponsored Account. You agree to and
accept full responsibility and liability for the use of a Sponsored Account,
including but not limited to (a) any transactions made by the Sponsored Account;
(b) fees and charges resulting from any transaction made by the Sponsored
Account; and (c) any other claims or liabilities, including tax, that may be
incurred in connection with their use of a Sponsored Account. You further
acknowledge that you are the sole owner of the Sponsored Account and the
Sponsored Person is the sole owner of any funds held in the Cash App Balance
and/or the Savings Balance (defined in the Cash App Savings Terms of Service) of
the Sponsored Account. For avoidance of doubt, at all times, the Sponsored
Person has the sole right to access, use, and withdraw any funds held in the
Sponsored Account, subject to any feature access requirements described in
Section III.2.b (Feature Access) below. You allow us to discuss the Sponsored
Account with a Sponsored Person. By authorizing a Sponsored Account, you
represent that you have permission to allow us to use and share information
about the Sponsored Person as described in the Privacy Notice and as allowed by
applicable law. This includes information we may get from you, any Sponsored
Person, and information about their transactions and use of a Sponsored Account.

You may withdraw your authorization at any time by contacting Cash App Support
through the app or by calling 1-800-969-1940. If your Account is suspended or
terminated, your authorization for any Sponsored Accounts will be automatically
withdrawn. If your authorization for any Sponsored Account is withdrawn for any
reason, the Sponsored Person may request a new sponsor for the Sponsored Account
subject to the requirements in the Cash App Terms and Privacy Notice. Until a
new sponsor is appointed to the Sponsored Account, access to any features for
the Sponsored Account may be limited, except to the extent the Sponsored Person
seeks to Cash Out to an Eligible Bank Account. Without limiting any other
provision of these Cash App Terms, we may terminate your Account if any
Sponsored Person associated with you violates these Cash App Terms.

If the Sponsored Account is terminated, suspended or closed for any reason, we
may take the steps outlined in Sections XIII.8 (Termination of Account), XIII.9
(Effect of Termination), XIII.10 (Services Upon Closure of Account).

b. Feature Access. Sponsored Accounts will have access to certain Cash App
features, such as Peer-to-Peer Transactions and the Cash App Card. Sponsored
Accounts may not have access to all Cash App features, or access to such
features may be limited. To access certain Cash App features, you and the
Sponsored Person may be required to accept additional terms, provide further
information to Cash App, open additional accounts with Cash App or its partners,
or transfer ownership of any funds or other assets held in the Sponsored
Account.

When you authorize a Sponsored Account, you also authorize that Sponsored Person
to “Add Cash” to the Sponsored Account as outlined in Section VI.2 (Funding Your
Cash App Balance.) To the extent an “Add Cash” method is offered through a third
party, you agree to and accept full responsibility for any Sponsored Person’s
use of such service for the Sponsored Account.

c. Limits for Sponsored Accounts. We reserve the right to impose transaction
limits and to restrict spending from Sponsored Accounts at specific merchants or
industries at our sole discretion.

d. Account Graduation. You agree that any Sponsored Person who is over the age
of 18 may initiate a request to become the sole owner of the Sponsored Account
by providing the information described in Section III.1.C above (Validating and
Authenticating Your Identity). Once we verify their identity, a previously
Sponsored Person will become the sole owner of the Sponsored Account, including
the sole owner of any funds or other assets held in the Sponsored Account, and
any associated Cash App Card.

e. Allowances. You may set up recurring P2P payments to your Sponsored
Account(s) on a weekly, bi-weekly, or monthly basis. These payments will count
towards your and the Sponsored Account’s transaction limits.

3. $CASHTAGS

You may choose a unique username for Cash App, which will be your “$Cashtag.” If
you choose a $Cashtag that is confusing or deceptive, we may change it.

You may select a unique alpha-numeric name to identify yourself on the Service
(a “$Cashtag”). You may not select a $Cashtag that we believe, in our sole
discretion, misleads or deceives others regarding your business or personal
identity or that creates an undue risk of chargebacks or mistaken payments. We
reserve the right, in our sole discretion and without any liability to you, to
require that you change your $Cashtag or Account Information, and to deactivate
your account or reclaim or make unavailable your $Cashtag.

4. CASH APP FEES

The fees for using Cash App are found in the "Stored Balance Disclosures"
Section of these Cash App Terms. We reserve the right to charge for, or change
the fees associated with, the use of Cash App at any time subject to reasonable
notice and these Cash App Terms. A fee may be imposed by the Company or an ATM
operator for use of the Cash App Card (defined below) at an ATM, including for a
balance inquiry, and by any network used to complete the ATM transaction, as
described in your Cash App Card Terms (defined below).

5. FDIC PASS-THROUGH INSURANCE

The Federal Deposit Insurance Corporation (FDIC) insures eligible deposits (up
to $250,000) in the event the bank holding the funds fails. If you have been
issued a Cash App Card as described in Section VIII of this agreement, your Cash
App Balance and your Savings Balance are covered by FDIC insurance on a
pass-through basis through our partner bank Wells Fargo Bank, N.A., Member FDIC
(“pass-through insurance”). Additionally, if you sponsor one or more Sponsored
Account(s), your and the Sponsored Account’s Cash App Balances and Savings
Balances are covered by FDIC pass-through insurance, regardless of whether you
or the Sponsored Account has been issued a Cash App Card. If you have multiple
accounts, and/or multiple Sponsored Accounts, they are included under the same
insurance coverage.

If you have not been issued a Cash App Card and you do not sponsor a Sponsored
Account, your Cash App Balance and your Savings Balance are not eligible for
FDIC pass-through insurance. Bitcoin and Investing holdings are not covered by
FDIC pass-through insurance.

6. GIFT CARDS

Cash App may permit you to send a “Gift Card” for a designated merchant to a
Recipient. To receive a Gift Card, the Recipient must have a Cash App Account.

To accept the Gift Card for use with the designated merchant, the Recipient must
have a Cash App Card. Gift Cards are not redeemable for cash value, except that
Recipients with a Cash App Card may redeem the cash value of the Gift Card to
their Cash App Balance once the Gift Card value falls below $10. A Gift Card can
only be used with a Cash App Card purchase at the designated merchant.

If the Recipient does not have a Cash App Card, they may elect to add the cash
value of the Gift Card to their Cash App Balance, or they may request a Cash App
Card as described in Section VIII.1 (Issuance of the Cash App Card) below and
then accept the Gift Card. If the Recipient does not accept the Gift Card within
30 days of receipt, the cash value of the Gift Card will be added to their Cash
App Balance.

Cash App does not guarantee the availability of Gift Cards for any merchant.
There are no fees to send or accept a Gift Card, and once a Recipient accepts a
Gift Card, it does not expire. The minimum send amount is $1, and the maximum
send amount is $2,000 per sender, per day. If a Recipient accepts multiple Gift
Cards for the same merchant, they will be combined into a single balance for use
with that merchant.

IV. COMMUNICATIONS AND DEVICES

1. TEXT MESSAGES AND OTHER COMMUNICATIONS

Here’s where we describe your consent to receive texts from us and your
representations regarding texts we send to others relating to your payments. You
also consent to us sending messages to your email. You can opt out of
communications in ways that are specific to that communication method, such as
by unsubscribing from emails, or replying to text messages with ‘STOP’.

By providing us with a mobile number, either when you sign up for an Account or
update the contact information associated with your Account, you consent to
receiving text (SMS) messages and push notifications from us. Such
communications may include, but are not limited to requests for secondary
authentication, receipts, reminders, notifications regarding updates to your
account or account support, and marketing or promotional communications. You
acknowledge that you are not required to consent to receive promotional texts or
calls as a condition of using the Services. Call and text message communications
may be generated by automatic telephone dialing systems. Standard message and
data rates applied by your cell phone carrier may apply to the text messages we
send you.

If you provide us with the mobile number of any other person or entity when
initiating or requesting a payment through the Service, you represent and
warrant to us that the person or entity has consented to receive text messages
from us related to that payment. Standard text messaging rates may apply based
on your plan with your mobile carrier.

You may opt-out of receiving promotional email communications we send to you by
following the unsubscribe options on such emails. You may opt out of any
promotional phone calls by informing the caller that you would not like to
receive future promotional calls. You may opt-out of text messages from the
Company by replying STOP or by changing your notification preferences in the
app. You acknowledge that opting out of receiving communications may impact your
use of the Services.

2. COMPATIBLE MOBILE DEVICES AND THIRD PARTY CARRIERS

We do not warrant that the Services will be compatible with your mobile device
or carrier. Your use of the Services may be subject to the terms of your
agreements with your mobile device manufacturer or your carrier. You may not use
a modified device to use the Services if the modification is contrary to the
manufacturer’s software or hardware guidelines, including disabling hardware or
software controls—sometimes referred to as “jail broken.”

V. DATA AND SERVICE USAGE AND OWNERSHIP

1. YOUR CONTENT

You retain all rights to your content when you upload it into our services, but
you do give us broad rights to use, modify, display your content in our
services. You can see specifics on the rights you grant us below.

Also, anything you provide us or make available to the public through our
services must not contain anything that we think is objectionable (e.g.,
illegal, obscene, hateful or harmful to you, our customers or us). We can remove
any content at any time.

The Services may include functionality for uploading or providing suggestions,
recommendations, feedback, stories, photos, documents, logos, products, loyalty
programs, promotions, advertisements and other materials or information
(“Content”).

You grant us and our subsidiaries, affiliates, and successors a worldwide,
non-exclusive, royalty-free, fully-paid, transferable, irrevocable, perpetual,
and sub-licensable right to use, reproduce, modify, adapt, publish, prepare
derivative works of, distribute, publicly perform, and publicly display your
Content throughout the world in any media for any reason, including to provide,
promote, and/or incorporate into the Services. You retain all rights in your
Content, subject to the rights you granted to us in these Cash App Terms. You
may modify or remove your Content via your Account or by terminating your
Account, but your Content may persist in historical, archived or cached copies
and versions thereof available on or through the Services.

Except where prohibited by law, you will not upload or provide Content or
otherwise post, transmit, distribute, or disseminate through the Services any
material that: (a) is false, misleading, unlawful, obscene, indecent, lewd,
pornographic, defamatory, libelous, threatening, harassing, hateful, abusive, or
inflammatory; (b) encourages conduct that would be considered a criminal offense
or gives rise to civil liability; (c) breaches or infringes any duty toward or
rights of any person or entity, including rights of publicity, privacy or
intellectual property; (d) contains corrupted data or any other harmful,
disruptive, or destructive files; (e) advertises products or services
competitive with the Company's or its partners’ products and services, as
determined by us in our sole discretion; or (f) in our sole judgment, is
objectionable, restricts or inhibits any person or entity from using or enjoying
any portion of the Services, or which may expose the Company, its affiliates or
its customers to harm or liability of any nature.

Although we have no obligation to monitor any Content, we have absolute
discretion to remove Content at any time and for any reason without notice. The
Company may also monitor such Content to detect and prevent fraudulent activity
or violations of the Cash App Terms. You understand that by using the Services,
you may be exposed to Content that is offensive, indecent, or objectionable. We
take no responsibility and assume no liability for any Content, including any
loss or damage to any of your Content.

2. SECURITY

We take security incredibly seriously, but can’t guarantee that bad actors will
not gain access to your personal information. You need to do your part by
keeping your passwords safe, being smart about who has access to your account
and which of your devices can access our services, and letting us know if you
think an unauthorized person is using your account.

If there is ever a dispute about who owns your account, we are the decider.

We have implemented technical and organizational measures designed to secure
your personal information from accidental loss and from unauthorized access,
use, alteration, or disclosure. However, we cannot guarantee that unauthorized
third parties will never be able to defeat those measures or use your personal
information for improper purposes. You provide your personal information at your
own risk.

You are solely responsible for safeguarding your password and for restricting
access to the Services from your compatible mobile devices, computers, or
through remote access. You will immediately notify us of any unauthorized use of
your password or Account or any other breach of security. Notwithstanding
Sections XI.18 and XI.19, in the event of any dispute between two or more
parties as to account ownership, we will be the sole arbiter of such dispute in
our sole discretion. Our decision (which may include termination or suspension
of any Account subject to dispute) will be final and binding on all parties.

3. YOUR LICENSE

We grant you a limited, non-exclusive, revocable, non-transferable,
non-sublicensable license to use the Services, as authorized in these Cash App
Terms. We may make updates to the Services available to you, which you must
accept to continue using the Services. This means you must ensure that you are
using the most recent version of Cash App, which may require you to download and
install updates manually. Any such updates may be subject to additional terms
made known to you at that time.

4. OWNERSHIP

While we’re happy to let you use our services, you don’t have any ownership
rights in them. We can act on any ideas you share with us about how we can
improve our products and services free of charge.

We reserve all rights not expressly granted to you in these Cash App Terms. The
Services are protected by copyright, trademark, patent, and other laws of the
United States and other countries. We own all rights, title, interest in and to
the Services and all copies of the Services. These Cash App Terms do not grant
you any rights to our trademarks or service marks.

For the purposes of these Cash App Terms, “Intellectual Property Rights” means
all patent rights, copyright rights, mask work rights, moral rights, rights of
publicity, trademark, trade dress and service mark rights, goodwill, trade
secret rights, and other intellectual property rights that may exist now or come
into existence in the future, and all of their applications, registrations,
renewals and extensions, under the laws of any state, country, territory or
other jurisdiction.

You may submit feedback, comments, or ideas about the Services (“Ideas”).
Submitting Ideas is entirely voluntary, and we will be free to use such Ideas as
we see fit and without any obligation to you.

5. SHARING OF YOUR INFORMATION

We will share Account Information and transaction information, including your
name, the amount, and a description, with the other party to your transaction
and in accordance with our Privacy Notice.

6. COPYRIGHT AND TRADEMARK INFRINGEMENT

We respect the intellectual property rights of others and ask you to do the
same. We have adopted a Copyright and Trademark Policy regarding any third-party
claims that your material infringes the rights of others. We respond to all
valid notices of such infringement, and our policy is to suspend or terminate
the accounts of repeat infringers.

VI. CASH APP BALANCE

1. GENERAL

You may store funds in your Cash App, these make up your balance. You may add
funds to your balance from your linked bank account or debit card. When you do,
you are authorizing us to debit those sources. If we incur costs because you
have insufficient funds in your account, you will cover those costs.

a. Functionality. Your balance consists of the funds you have in your Account
that are available for new transactions and are not subject to pending
transactions (your “Cash App Balance”). You are solely responsible for all funds
necessary to complete any payments initiated through the Service. You agree to
reimburse the Company for any fees, costs, or expenses it incurs as a result of
insufficient or unavailable funds in connection with any payment you initiate
through the Service.

b. Authorization. Each time you instruct us through the Cash App to add funds
from your linked Eligible Bank Account or Direct Deposit (defined below) or
linked debit card to your Cash App Balance or make any other transfer, you
authorize us to immediately debit the Eligible Bank Account or debit card linked
to your account at the time of the transfer for the amount instructed, either in
a single or recurring transaction, as applicable. You are also authorizing us to
move funds to your applicable Eligible Bank Account or applicable debit card for
instructions to add funds that are canceled or otherwise returned. You can
cancel this authorization by unlinking your Eligible Bank Account or debit card
from your Cash Account.

c. Limitations. The Company may impose limits on the amount you can keep in your
Cash App Balance and reserves the right to change these limits at any time.
Funds in your Cash App Balance might not be available to use for all types of
transactions. If you have a Restricted Account, then you may not use your Cash
App Balance to make payments to other Cash App customers (including Cash for
Business Account) unless you first upgrade to an Unrestricted Account.

2. FUNDING YOUR CASH APP BALANCE

There are several ways you can add funds to your Cash App Balance (“Add Cash”),
which are described here.

Subject to the limitations described in Section VI.1(c), you can keep funds
received from P2P Payments (defined below) made to you through the Cash App in
your Cash App Balance.

Once you have an Unrestricted Account, we may offer you the ability to “Add
Cash” to your Cash App Balance in other ways, including, but not limited to, the
following:

a. External Account.

 * Eligible Bank Account. You may use funds from your Eligible Bank Account to
   fund your Cash App Balance.
 * Debit Card. You may link a debit card to fund your Cash App Balance. To do
   so, you must have a valid debit card issued by a U.S. bank or financial
   institution bearing the Visa Inc. (“Visa”), MasterCard International Inc.
   (“MasterCard”), or DFS Services, LLC (“Discover”) logo. Any such debit card,
   collectively with your Cash App Balance (if you have an Unrestricted Account)
   and an Eligible Bank Account, is referred to herein as an “Eligible
   Transaction Account”.

b. Direct Deposit. You may direct payments made to you from your employer or
otherwise into your Cash App Balance using the bank routing and account numbers
provided to you by our bank partner pursuant to the Cash App direct deposit
program (the “Direct Deposit”). Deposits made using such bank routing and
account number will be credited to your Cash App Balance for use in accordance
with these Cash App Terms. The maximum amount that can be added to your Cash App
Balance by Direct Deposit is $25,000 per transaction.

c. Mobile Check Capture. Subject to the Mobile Check Capture Section of these
Cash App Terms, we may also offer the ability to use a check to Add Cash to your
Cash App Balance.

Certain funding features (including, but not limited to, cash loads and Direct
Deposit) may be unavailable or delayed from time to time due to risk-based
restrictions, scheduled maintenance, changes to our Services, unforeseen
circumstances, or outages.

3. TRANSFERRING FUNDS TO YOUR BANK ACCOUNT

You can transfer funds from your Cash App balance out to your bank account
(“Cash Out”). These transfers can take up to three days, or for a fee, be made
instantly. We may limit your ability to transfer funds to your bank account,
based on the circumstances. For example, we may delay transfers while we screen
for fraud or risks. You are responsible for all amounts owed on your account
even after it is closed.

a. Transfers to Your Bank Account. You may electronically transfer funds from
your Cash App Balance to an Eligible Bank Account (“Cash Out”). By selecting an
Eligible Bank Account as your deposit source you are requesting that we settle
an electronic transfer to your bank account. The Company will settle these
electronic transfers (via the Automated Clearing House (“ACH”) of NACHA - The
Electronic Payment Association (“NACHA”)) to your Eligible Bank Account in the
amount you instruct, and you will not be able to cancel the ACH transfer. Such
transfer to your Eligible Bank Account via ACH will typically arrive within
three (3) business days.

b. Instant Deposit. If this feature is available to you, you may Cash Out from
your Cash App Balance to your Eligible Bank Account subject to the fees detailed
in the Instant Deposit experience. Funds are typically available within minutes.

c. Limitations. The Company may limit how many Cash Outs you can initiate from
your Cash App to your Eligible Bank Account and the amount of funds you can
transfer in a single transaction. We reserve the right to delay or further limit
such transfers at our discretion to protect the Company or a third party against
the risk of reversals, chargebacks, claims, fees, fines, penalties and other
liability. In addition, you may not transfer funds from your Cash App Balance to
your Eligible Bank Account to evade a payment investigation. If you attempt to
transfer your Cash App Balance while we are conducting an investigation, we may
hold your funds at our discretion to protect the Company or a third party
against the risk of reversals, chargebacks, claims, fees, fines, penalties and
other liability. We also may defer or redirect payout or restrict access to your
funds as necessary to comply with applicable law, subpoena or court order, or if
requested by any governmental entity. You will remain liable for all obligations
related to your Account even after the Account is closed.

4. CASH APP SAVINGS

Cash App offers a savings feature (“Cash App Savings”) that is described in the
Cash App Savings Terms of Service. If you are eligible and choose to use the
Cash App Savings feature, you agree to the Cash App Savings Terms of Service.

5. TREATMENT OF FUNDS

The Company will not mix your funds with the Company's corporate funds. Your
funds will be held in pooled bank accounts with the funds of other Cash App
customers.

If you do hold funds in your Cash App Balance and/or your Savings Balance, the
Company will hold such funds separate from its corporate funds and will not use
your funds for any corporate purposes, nor will the Company voluntarily make
your funds available to its creditors in the event of bankruptcy. The Company
will combine your funds with the funds of other customers and place those pooled
accounts in one or more bank accounts in the Company's name.

6. INTEREST

Unless you are enrolled in the Savings Yield feature (see the Cash App Savings
Terms of Service), as consideration for your use of the Service, you irrevocably
transfer and assign to the Company all of your rights in any and all interest
accrued on you Cash App Balance and your Savings Balance funds that are held by
the Company on your behalf.

7. FREE OVERDRAFT COVERAGE

a. General. Cash App offers you, if eligible, the ability to enroll in an
optional, no-fee overdraft feature (“Free Overdraft Coverage”) that allows you
to overdraw on your Cash App Balance for Cash App Card purchase transactions,
but excluding ACH transfers, cash-back transactions, and ATM withdrawals
(“Qualifying Transactions”), up to a specified amount no greater than $50 (the
“Limit”).

The Limit is determined by Cash App in its sole discretion based on your account
history, direct deposit history, spending activity, and other risk-based
factors. Your Limit may be adjusted from time to time in Cash App’s sole
discretion. Your Limit may be increased or decreased at any time by Cash App and
represents the maximum amount by which you may overdraw on your Cash App Balance
on Qualifying Transactions. Any changes to your Limit will be communicated to
you and also displayed within your Cash App mobile application.

Free Overdraft Coverage is only available for Qualifying Transactions. Other
transactions will continue to be declined if there are insufficient funds in
your Cash App Balance.

b. Eligibility. Eligibility for Free Overdraft Coverage is determined by Cash
App in its sole discretion. Among other factors, to be eligible for Free
Overdraft Coverage, you must have received at least $300 in Qualifying Direct
Deposits in the preceding calendar month. A Qualifying Direct Deposit means a
direct deposit by ACH transfer of payroll, pension or government benefits from
your employer or a government agency. You must continue to meet the Qualifying
Direct Deposit requirement each month to maintain your enrollment in Free
Overdraft Coverage. If Cash App does not receive a Qualifying Direct Deposit as
described above, Cash App will terminate your enrollment in Free Overdraft
Coverage and not approve any Qualifying Transactions that may result in an
overdraft balance.

At any time, Cash App may in its sole discretion change the existing
requirements or add additional requirements at any time that you must meet in
order to enroll or continue to use Free Overdraft Coverage.

c. Fees. Cash App will not charge you any fees or interest to be eligible or to
use Free Overdraft Coverage. While there is no fee to use Free Overdraft
Coverage, fees for related services continue to apply according to the terms
associated with any such services, including third-party fees that may apply to
certain types of Cash App Card transactions.

d. Repayment. Any funds deposited to your Cash App Balance with an overdraft
balance will be automatically used to pay off the overdraft balance (“autopay”).

You may choose to opt out and disable autopay of your overdraft balance by
contacting Cash App Support. If you have disabled autopay, you can pay the
overdraft balance manually in the Cash App mobile application.

You cannot maintain an overdraft balance for more than 45 consecutive calendar
days from the date that you initially incur the overdraft balance. If you fail
to pay your overdraft balance within 45 calendar days and you are enrolled in
autopay, Cash App may pull the overdraft balance from your linked Eligible
Transaction Account. Cash App may also suspend or cancel your enrollment in Free
Overdraft Coverage.

e. Cancellation. You may cancel your use of Free Overdraft Coverage using the
Cash App mobile application at any time. If you cancel your use of Free
Overdraft Coverage, Cash App will not approve Qualifying Transactions that
result in an overdraft balance on your Cash App Balance. If you continue to
remain eligible for the feature, you may re-enroll at any time.

Cash App may suspend or terminate your use of Free Overdraft Coverage for any
reason in its discretion. You agree that Cash App will not be liable to you or
any third-party for any costs, fees, or losses associated with the termination
of your access to Free Overdraft Coverage, including, but not limited to,
insufficient funds fees, late fees, legal fees or other charges.

VII. PEER-TO-PEER SERVICE

1. DESCRIPTION OF SERVICE

The peer-to-peer Service (“Peer-to-Peer Service”) allows you to send funds or
receive funds for peer-to-peer personal, non-commercial purposes.

2. SENDING FUNDS

You will be able to send funds using our P2P service if you have a linked bank
account or linked a credit card. If you have an Unrestricted Account you will
also be able to send funds using our P2P service from your balance. You
authorize us to move funds on your behalf. We won’t be responsible for certain
incomplete transactions, as described here.

a. General. Once you have opened an Account and either have funds available in
an Eligible Transaction Account or linked a credit card issued by a U.S.-based
bank or financial institution bearing the trademark of Visa, MasterCard,
Discover, or American Express Travel Related Payment Services Company, Inc.
(“American Express”) (an “Eligible Credit Account), you will be able to send
funds using the Peer-to-Peer Service. Note that your Cash App Balance will not
be an “Eligible Transaction Account” until you have given us certain information
and we have verified your identity, as set forth above. This means that until
(a) you give us this information (b) we verify your identity and (c) you have an
Unrestricted Account, you will not be able to use the Cash App Balance to send
funds using the Peer-to-Peer Service. With a Restricted Account, you will not be
able to make a payment to another Cash App customer (including a Cash for
Business Account) using your Cash App Balance. You may only send funds with the
Peer-to-Peer Service using an Eligible Credit Account or an Eligible Bank
Account. As a party initiating a transfer (“Sender”), you will send funds to
your selected recipient (“Recipient”) by designating the Recipient and the
transfer amount to us (a “Payment Instruction”).

b. Authorization. By initiating each Payment Instruction, you authorize us to
debit your linked Eligible Transaction Account (including any Eligible Bank
Account that is linked to your Account at the time of the Payment Instruction)
or linked Eligible Credit Account by the amount you specify, and to send those
funds to your designated Recipient (a “P2P Payment”) immediately upon your
request. By submitting a Payment Instruction, you are also authorizing us to
move funds to your applicable Eligible Transaction or applicable Eligible Credit
Account for P2P Payments that are canceled or otherwise returned. You can cancel
this authorization by unlinking your Eligible Bank Account from your Cash
Account.

You understand and agree that when you initiate a P2P Payment Instruction,
processing will begin, and funds will leave your Eligible Transaction Account as
early as the moment you initiate the Payment Instruction. However, we will
complete the transfer of funds to the Recipient once the Recipient has provided
all required information. You hereby authorize and direct us to retain such
funds until the earlier of such time as the Recipient has provided all required
information or fifteen (15) days.

c. Our Liability. We shall incur no liability if we are unable to complete a P2P
Payment Instruction because of inaccurate or insufficient Payment Instructions,
or the failure of the Recipient to claim the P2P Payment, or because either you
or the Recipient does not provide us with any information that we request, or we
are unable to verify your identity or the identity of the Recipient to our
satisfaction.

3. FUNDING SOURCES USED FOR PAYMENTS MADE THROUGH THE SERVICE

You may link an Eligible Bank Account to your Cash App to fund payments. The
Company reserves the right to limit which banks or what types of accounts
constitute an Eligible Bank Account. When you initiate a payment through the
Cash App, if you have a Restricted Account, then you will not be able to make a
payment to another Cash App customer (including a Cash for Business Account)
using your Cash App Balance. If you have a Restricted Account and you wish to
make a payment to another Cash App customer, you may: (1) use an Eligible Bank
Account or Eligible Credit Account; or (2) upgrade to an Unrestricted Account to
make the payment with your Cash App Balance.

If you have an Unrestricted Account and have sufficient funds in your Cash App
Balance to satisfy the full payment amount you can choose whether you want the
payment fulfilled by your Cash App Balance, Eligible Bank Account or Eligible
Credit Account. If you do not have sufficient funds in your Cash App Balance to
cover the full transaction, then you may choose the funding source from your
Eligible Transaction Accounts or Eligible Credit Accounts.

4. REQUESTING FUNDS

You may also request funds to be transferred to you through the Peer-to-Peer
Service by designating the amount of funds requested and your selected Sender (a
“Cash Request”). If the Sender approves your Cash Request, your Cash Request
will become the Sender’s Payment Instructions and be processed as described in
these Cash App Terms.

5. RECEIVING FUNDS

Any P2P Payment you receive via the Peer-to-Peer Service will be stored in your
Cash App Balance.

6. PEER-TO-PEER SERVICE PAYMENT AMOUNT LIMITS

If you’re sending large amounts of money over certain thresholds, you will need
to provide additional identification information so that we can make sure you
are who you say you are.

We will require you to provide us with additional identification information if
you wish to send more than your limits in any one transaction or in multiple
transactions. We may impose transaction limits over any period of time and over
the lifetime of your account, subject to some restrictions. We may adjust these
limits at any time at our discretion.

7. PEER-TO-PEER SERVICE FEES

You can send money to others through our P2P service for free, unless you choose
to send funds using a credit card. We can change these fees in the future.

There are currently no fees for sending funds via an Eligible Transaction
Account using the Peer-to-Peer Service. The fee for sending funds using an
Eligible Credit Account through Peer-to-Peer Service will be displayed at the
time of the transaction. We reserve the right to charge for or change the fees
associated with use of the Peer-to-Peer Service at any time with reasonable
notice, subject to these Cash App Terms.

8. PAYMENT CANCELATION, STOP PAYMENT REQUESTS AND REFUSED PAYMENTS

Our ability to stop or cancel a P2P Payment Instruction depends on how the
Payment Instruction was initiated, and whether the Payment Instruction has begun
processing. We are not required to stop, cancel, or recover funds associated
with a misdirected Payment Instruction.

P2P Payments not claimed by a Recipient fifteen (15) days after the processing
has begun will be canceled automatically. We will attempt to return any
unclaimed, refused, refunded, prohibited, or denied P2P Payment to your Eligible
Transaction Account or Eligible Credit Account, as applicable. If we are not
able to do so, we may use other reasonable means to return the P2P Payment to
you, as permitted by applicable law.

9. INVALID P2P PAYMENTS

If we believe you received a payment that should not have been made for some
reason (for example, fraud), you give us permission to reverse that payment. We
are not responsible for any payments that you receive, even if you don’t know
who sent the payment.

If you receive a P2P Payment and we later determine in our sole discretion that
the P2P Payment was invalid for any reason, you hereby authorize us to move
funds from the applicable Eligible Transaction Account or Eligible Credit
Account in an amount equal to the P2P Payment.

You acknowledge and agree that we will not be liable in any way for any P2P
Payments that you may receive, regardless of whether you authorized the Sender
to send them to you.

10. RISK OF FRAUDULENT TRANSACTIONS

The Peer-to-Peer Service is a money transmission service. As a result,
fraudulent transactions may result in the loss of funds with no recourse.

VIII. CASH APP CARD

1. ISSUANCE OF THE CASH APP CARD

A bank may provide you with a virtual or physical Cash App Card. By requesting
the Cash App Card, you agree to any additional applicable terms from the issuing
bank. We may cancel, repossess, or revoke your Cash App Card at any time.

The Company may arrange for an issuing bank to provide you with access to a
debit card (a “Cash App Card”). By using the Cash App Card, you agree to the
issuing bank’s terms, as applicable (each the “Cash App Card Terms”), which may
be updated from time to time. For avoidance of doubt, the applicable Cash App
Card Terms are between you and the issuing bank of your card program, not the
Company, and in the event of any inconsistency between these Cash App Terms and
the applicable Cash App Card Terms, the applicable Cash App Card Terms shall
govern your use of the Cash App Card and your relationship with the issuing
bank.

The Cash App Card may be issued in virtual or physical form. To activate the
virtual card, and to request a physical card, you will need to follow in-app
prompts.

You may have the option to design your own card. If you choose to redesign your
card, we may charge an additional fee. We reserve the right to reject designs or
signatures and card applications for any reason. Prohibited signatures include,
but are not limited to, those signatures that depict inappropriate subject
matter, the intellectual property rights of others, or an ink-intensive design.

Once you receive your physical card in the mail you must follow the directions
in the mailing to activate your card prior to use. Your personal identification
number (“PIN”) will be the code you set as your Cash PIN, and you may reset the
PIN in the Cash App. Your physical card may be canceled, repossessed, or revoked
at any time without prior notice at our discretion (including for depicting a
prohibited signature) subject to applicable law.

2. USING THE CASH APP CARD

You can use your Cash App Card to make purchases using any available Cash App
balance. You agree we can move funds from your balance to your Cash App Card for
purchases that you make with your Cash App Card.

Your Cash App Card may be used to make purchases with a merchant using any
available amounts in your Cash App Balance. Upon activating the Service, you
instruct the Company to use the available funds in your Cash App Balance to load
your Card Account for making purchases with your Cash App Card.

3. PAYMENT TRANSACTION LIMITS

You agree that you won’t make a purchase or transaction in excess of the funds
available in your balance and if you do, you agree that we can recover any
negative balance.

You can only make transactions using your Cash App Card to the extent that you
have funds in your Cash App Balance to support those transactions. You agree not
to make a purchase or other transaction in excess of the funds available in your
Cash App Balance. If you do make a purchase or other transaction that exceeds
the funds available in your Cash App Balance, you agree that we can recover any
negative balance incurred.

4. NO RIGHT TO STOP PAYMENT

You do not have the right to stop payment on a transaction originated with your
Cash App Card.

5. “DISABLE CARD” FEATURE

You may use the “Disable Card” feature of Cash App to disable your Cash App Card
if you lose your Cash App Card or think it has been stolen.

In the event of a lost, stolen, or misplaced Cash App Card, or you otherwise
want to prevent future transactions from your Cash App Card, you may disable
your Cash App Card with the Cash App’s “Disable Card” feature within the Cash
App. Use of this feature will not prevent processing of pending transactions
initiated prior to disabling your Cash App Card. In the event you have found
your card, or otherwise want to enable a disabled Cash App Card, you must select
the “Enable Card” option within the Cash App before your “disabled” Cash App
Card can be used for transactions. You are responsible for preventing
unauthorized disabling and enabling activity on your device relating to your
Cash App Card. Such activity, when not authorized, may be deemed invalid in the
Company's sole discretion.

6. CARD CANCELATION

If we determine that you are no longer eligible for a Cash App Card, we will let
the issuing bank know and your Cash App Card may be canceled without notice.

We may suspend access to or cancel your Cash App Card at our sole discretion. We
will inform the issuing bank if we determine that you are no longer eligible for
your Cash App Card. If you are no longer eligible for your Cash App Card it may
be canceled at any time without notice as detailed in the applicable Cash App
Card Terms and your funds will be returned to you unless they are the subject of
an investigation into suspected unlawful activity, or if the Company is
otherwise required by law to withhold your funds.

7. DISCLAIMER

We make no guarantees regarding your Cash App Card and we are not responsible if
it gets stolen, lost, destroyed, or used without your permission.

Except as otherwise set forth herein or required by applicable law, the Company
is not responsible if your Cash App Card is lost, stolen, destroyed, or used
without your permission.

8. CASH APP CARD FEES

You may be charged certain fees in connection with your use of the Cash App
Card.

Fees related to use of your Cash App Card may be added or modified from time to
time. Such fees may include:

 * ATM withdrawals (in and out of network): $2.50
 * Cash App Card redesign or upgrade: $5
 * Limited edition Cash App Card designs: fee disclosed when you order the card

All Cash App Card fees will be deducted from the available balance in your Cash
App Balance when the fee is assessed.

IX. VIRTUAL CURRENCY SERVICES

This section governs your use as an individual of the Virtual Currency (as
defined below) services offered through Cash App.

Value of virtual currency can change quickly and dramatically, and can result in
sudden and substantial losses including loss of the entire value of the virtual
currency. You should therefore carefully consider whether transacting or holding
Virtual Currency is suitable for you in light of your financial condition.

1. DEFINITIONS

Defined terms will have the same meaning as those found elsewhere in the Cash
App Terms, unless otherwise re-defined in this section. Capitalized terms in
these Virtual Currency Terms will have the following meanings:

“External Virtual Currency Address” means any Virtual Currency address, wallet,
or account that is maintained outside of the Services, and is not owned,
controlled, or operated by the Company.

“Fiat Currency” means government-issued currency.

“Hosted Balance” means the Virtual Currency you have purchased for or deposited
in your Virtual Currency Account (defined below) which you own and the Company
holds for your benefit.

“Supported Network” means any blockchain network, second-layer protocol built on
top of a blockchain network, or other Virtual Currency network or protocol that
we may make available to you in connection with some or all of the Virtual
Currency Services.

“Virtual Currency” means bitcoin and other virtual currency that may be
purchased, sold, saved and transferred using the Cash App.

“Virtual Currency Services” means the bitcoin and other virtual currency
services available in Cash App.

2. VIRTUAL CURRENCY ACCOUNT

a. Eligibility. To be able to access and use the Virtual Currency Services, you
must have a “Virtual Currency Account.” To register for a Virtual Currency
Account you must: (a) have an Account, (b) be an individual person, not an
entity, using the Virtual Currency Services for personal use, (c) be a resident
of the United States, (d) be at least 18 years, and the age of majority in your
State of residence, or older, (e) use the Virtual Currency Services in the
United States, and (f) have provided the information as discussed in the next
section.

b. Identity Verification. In order to use the Virtual Currency Services, you may
be required to provide the Company with certain personal information in addition
to the Account Information, including, but not limited to, your name, address,
telephone number, e-mail address, date of birth, taxpayer identification number,
government identification number, and information regarding your bank account
(e.g., financial institution, account type, routing number, and account number),
source of funds and employment information. In submitting this or any other
personal information as may be required, you verify that the information is
accurate and authentic, and you agree to update the Company if any information
changes.

c. Availability. The Company may not make all of the Virtual Currency Services
available in all markets and jurisdictions, and may restrict or prohibit use of
all or a portion of the Virtual Currency Services from certain states,
territories, or jurisdictions (“Restricted Locations”). You must not attempt to
use the Virtual Currency Services if you are located in any of those Restricted
Locations. You must not attempt to circumvent any restrictions imposed via the
Virtual Currency Services, such as by obscuring your IP address or submitting
any inaccurate information regarding your location.

d. Application of the Uniform Commercial Code. All Virtual Currency credited to
your Virtual Currency Account will be treated as “financial assets” under
Division 8 of the California Uniform Commercial Code (“Division 8”). We are a
“securities intermediary” as used in Division 8 with respect to Virtual
Currency, and your Virtual Currency Account is a “securities account” as used in
Division 8. As stated in Division 8, “the characterization of a person,
business, or transaction for purposes of this division does not determine the
characterization of the person, business, or transaction for purposes of any
other law, regulation, or rule,” including the United States Commodity Exchange
Act and any federal, state, or foreign securities law or regulation.

e. Virtual Currency Custody and Title. All Virtual Currency held in your Virtual
Currency Account are custodial assets held by us for your benefit. Title to all
Virtual Currency in your Virtual Currency Account shall at all times remain with
you and shall not transfer to us. We will maintain on our books at all times a
record of the amount and ownership of all such Virtual Currency held in your
Virtual Currency Account. All interests in Virtual Currency we hold for
customers are not Company property and are not subject to claims of our
creditors. Except as required by law, or except as provided herein, we will not
sell, transfer, loan, hypothecate, or otherwise alienate any Virtual Currency in
your Virtual Currency Account unless instructed by you.

3. PURCHASING VIRTUAL CURRENCY

a. Funding. In order to complete a purchase transaction via the Virtual Currency
Services, you must first hold Fiat Currency in your Cash App Balance.

b. Authorization. When you submit a Virtual Currency purchase order (a "Buy")
via the Virtual Currency Services, you authorize us to execute a Virtual
Currency purchase transaction in the amount you instruct and debit your Cash App
Balance in the total amount of the Buy transaction, including any applicable
fees.

c. Buy Transaction. To initiate a Buy you will choose the amount of Virtual
Currency you wish to buy from the Company using Fiat Currency from your Cash App
Balance and tap “Buy”. You must have sufficient Fiat Currency in your Cash App
Balance before submitting any “Buy” transaction. A “Buy” transaction is a sale
from the Company to you. Once complete, your Hosted Balance will reflect the
amount of Virtual Currency that you own. All right to and title in the Virtual
Currency bought will pass from the Company to you. A Buy will not necessarily
result in the Company broadcasting any transaction to a Virtual Currency
network.

d. Auto-Invest and Recurring Buys. You may be able to set recurring Buy
transactions to purchase Virtual Currency in Cash App (a “Recurring Buy”) at
periodic intervals of your choosing. If you set up a Recurring Buy, you
authorize and instruct the Company to debit Fiat Currency from your Cash App
Balance or Eligible Bank Account (as applicable) in the amount you instruct for
each Recurring Buy and on the periodic interval you instruct (e.g. daily,
monthly, weekly). If there are insufficient funds in your Cash App Balance to
fund a Recurring Buy, you authorize us to debit Fiat Currency from your Eligible
Bank Account to fund the Recurring Buy. The Company will execute each Recurring
Buy in the amount and interval you instruct. Recurring Buys will be placed as
market orders at any time on the applicable day and will be executed at the
then-effective Conversion Rate (defined below). Recurring Buys may not occur at
the same time on each day of the periodic interval. You may not receive prior
notification of Recurring Buys before they occur. The Company may set minimum
transaction requirements for Recurring Buys. If you do not have sufficient funds
available for any Recurring Buy in your Cash App Balance or Eligible Bank
Account, we may make additional attempts to pull funds, wait to retry on the
next scheduled Recurring Buy, or cancel the Recurring Buy altogether. You may
cancel Recurring Buys at any time. Recurring Buys will continue until canceled
by you or the Company. The Company may cancel or modify any Recurring Buy for
any reason in its sole discretion.

e. Round-Ups. You may be able to set recurring purchases of bitcoin each time
you use your Cash App Card through the Round Ups feature (a “Round Up”). If you
set up and enable Round Ups, you authorize and instruct the Company to debit
Fiat Currency from your Cash App balance to purchase bitcoin on your behalf for
the Round Up amount each time your Cash App Card is used. The amount of each
Round Up will be determined by “rounding up” your Cash App Card purchase to the
next whole dollar amount when the Cash App Card transaction settles and
purchasing bitcoin in that amount at the then-effective Conversion Rate (defined
below). Your Cash App Card transaction may settle 1-3 days after you use your
Cash App Card. Cash App Card transaction settlement times may vary, and the Cash
App Card transaction amount may change (for example, if you add a tip). The
price of Bitcoin may vary at the time a Round Up is made. The Company may set
minimum transaction requirements for Round Ups. You may disable Round Ups at any
time, but we may be unable to stop pending Round Ups. Cash App may cancel or
modify any Round Up for any reason in its sole discretion. If you do not have
sufficient funds available for any Round Up, we may make additional attempts to
pull funds, wait to retry on your next Round Up, or cancel the Round Up
altogether. In the event that a Round Up is made as a result of an unauthorized
Cash App Card transaction, you may submit a dispute to correct the Round Up by
contacting Cash App Support.

f. Square Bitcoin Conversions. You may be able to set up daily recurring Buy
transactions to purchase Virtual Currency in Cash App using a percentage of the
proceeds of sales from a linked Square Account (“Square Bitcoin Conversions”).
Cash App and Square are both operated by the Company. The Company may in its
sole discretion set certain eligibility criteria for Square Accounts and Cash
App Accounts to participate in Square Bitcoin Conversions and may change this
criteria at any time without notice. If you enable Square Bitcoin Conversions,
you authorize and instruct the Company to debit Fiat Currency from the linked
Square account each day in an amount equal to a chosen percentage (up to any
limits set by the Company in its discretion) of your daily proceeds of sales
made on Square. The selected percentage of sales will be converted to bitcoin
via a market Buy order each day at any time, executed at the then-effective
Conversion Rate. You may not receive prior notification of Square Bitcoin
Conversions before they occur each day. By enabling this feature, you
acknowledge that the funds used for Square Bitcoin Conversions are owned by you
personally and the bitcoin purchased using Square Bitcoin Conversions and held
in your Cash App Account is for your personal use only. Once the funds are
converted to bitcoin in your Cash App Account, they cannot be sent back to your
Square Account. You may cancel or adjust Square Bitcoin Conversions at any time
in your linked Square Account. Please see Square terms of service for terms
applicable to your Square account for these transactions. Square Bitcoin
Conversions will continue until canceled by you or the Company. The Company may
cancel Square Bitcoin Conversions for any reason in its sole discretion.

g. No Guarantee. The Company does not guarantee the availability of “Buy”
transactions, and the act of purchasing Virtual Currency from the Company does
not result in a guarantee that you may purchase supported Virtual Currency from
the Company at a later time.

h. Settlement. We will use commercially reasonable efforts to complete
transactions within two days of the date upon which you have initiated a “Buy”
transaction via the Virtual Currency Services.

4. TRANSFERRING VIRTUAL CURRENCY

a. Withdrawals. You may transfer Virtual Currency, up to the total amount of
Virtual Currency from your Hosted Balance to an External Virtual Currency
Address, minus the fees detailed below (a “Virtual Currency Withdrawal”). You
are solely responsible for providing accurate instructions and directions for
any Virtual Currency Withdrawal, and we are not liable to you or any third party
for any delay or loss incurred from a Virtual Currency Withdrawal executed
according to your instructions. You should verify the accuracy of the External
Virtual Currency Address prior to initiating a Virtual Currency Withdrawal.
Virtual Currency Withdrawals may not be reversed or refunded once they have been
initiated. We do not have control over any Supported Network for any Virtual
Currency Withdrawal and cannot guarantee that the Supported Network will confirm
the transaction or execute it correctly.

b. Deposits. You may transfer Virtual Currency from an External Virtual Currency
Address to your Hosted Balance, minus the fees detailed below and subject to the
restrictions in these terms (a “Virtual Currency Deposit”). Only supported
Virtual Currencies may be deposited with Cash App, and any Virtual Currency
Deposit you initiate must conform to the protocols of the receiving Virtual
Currency wallet. The person initiating a Virtual Currency Deposit is solely
responsible for executing the transaction correctly, including payment of any
applicable network fees. We are not responsible for any erroneous or delayed
Virtual Currency Deposit for any reason, including erroneous instructions or
address information. Virtual Currency Deposits must be recognized by the
required number of network confirmations, or otherwise authorized pursuant to
network confirmation requirements, for the relevant Supported Network, and may
be delayed before appearing in your Hosted Balance.

c. Transfer Limitations. We may, in our sole discretion, impose limitations or
restrictions on the size, type, or manner of any transfer transactions, such as
a limit on the total amount of Virtual Currency that may be transferred.

d. Transfer Fees. We may charge fees for Virtual Currency Deposits or Virtual
Currency Withdrawals, including fees imposed by the relevant Supported Network
if applicable, which will be shown to you at or prior to your confirmation of
the transaction.

e. Compatibility. Only supported Virtual Currencies may be transferred to or
from your Hosted Balance. We are not responsible for delay or loss associated
with any attempted transfer transaction of unsupported Virtual Currencies or of
any Virtual Currency transaction that is not made on a Supported Network or that
is incompatible with the destination address.

f. Transfer Settlement Risk of Loss. Once a Virtual Currency Withdrawal or
Virtual Currency Deposit is submitted to the Supported Network, the transaction
will be unconfirmed and remain in a pending state for a period of time
sufficient for the Supported Network to confirm the transaction, which can vary.
A Virtual Currency Withdrawal or Virtual Currency Deposit is not complete while
it is in a pending state. Pending Virtual Currency Withdrawals that are
initiated from your Hosted Balance will be in a pending transaction state, and
the relevant value of the pending Virtual Currency Withdrawal will not be
available in your Hosted Balance. If your attempted Virtual Currency Withdrawal
over a Supported Network fails, the relevant Virtual Currency amount will remain
in your Hosted Balance. You bear the risk of loss of value once you have
initiated a transfer transaction to or from your Hosted Balance in the event
that the receipt of virtual currency is delayed and the value of virtual
currency decreases during the period of delay. We are not responsible for delays
or loss incurred as a result of any errors in the initiation of a transfer
transaction and have no obligation to assist in the remediation of such
transactions.

g. Third Parties. We are not responsible for any goods or services that you may
receive from, or any action by, a third party with respect to any transfer of
Virtual Currency. We are not responsible for ensuring that a third party you
transact with will complete the transaction or is authorized to do so. If you
have a dispute with any third party with respect to any Virtual Currency
transfer you should resolve the dispute directly with that third party.

5. SELLING VIRTUAL CURRENCY

a. "Sell" Transaction. To initiate a “Sell” transaction, you will choose the
amount of Virtual Currency you wish to sell to the Company from your Hosted
Balance and tap “Sell”. In the event the “Sell” feature is available, the
Company will then purchase such amount of Virtual Currency from you and deposit
the value of Virtual Currency in your Cash App as Fiat Currency. The price you
receive for any Virtual Currency sold to the Company may vary based on market
factors, including the price and volume of the Virtual Currency you are
attempting to sell.

b. No Guarantee. The Company does not guarantee the availability of “Sell”
transactions, or your ability to sell Virtual Currency held in your Hosted
Balance. The act of selling Virtual Currency to the Company does not create a
guarantee that you may sell Virtual Currency to the Company at a later time.

6. PEER TO PEER BITCOIN TRANSFERS

Cash App may allow you to initiate peer-to-peer bitcoin transfers to other Cash
App customers within the app (each transfer, a “P2P Bitcoin Transaction”). P2P
Bitcoin Transactions are “off-chain” transactions facilitated by the Company. As
such they are not broadcast to the bitcoin network and will not be reflected on
the public ledger. All bitcoin transferred via P2P Bitcoin Transactions are
custodied by the Company. P2P Bitcoin Transactions may only be completed between
Virtual Currency Accounts; if you initiate a P2P Bitcoin Transaction to a Cash
App Account that is not an Virtual Currency Account, the recipient must take the
necessary steps to become an Virtual Currency Account before the transaction
will be completed. If the recipient fails to open a Virtual Currency Account for
any reason within the required period of time, the attempted P2P Bitcoin
Transaction will be voided and the bitcoin returned to your account. Once you
accept a P2P Bitcoin Transaction, any subsequent P2P Bitcoin Transaction to you
will be automatically completed into your Hosted Balance.

We reserve the right to charge for or change the fees associated with P2P
Bitcoin Transactions at any time subject to these Virtual Currency Terms. Any
fees assessed will be reflected in app at or prior to your confirmation of the
transaction.

We may impose transaction limits on P2P Bitcoin Transactions in our sole
discretion. Fraudulent transactions may result in the loss of Virtual Currency
with no recourse. It is your responsibility to provide accurate instructions for
any P2P Bitcoin Transactions, and the Company is not responsible for any P2P
Bitcoin Transactions facilitated based on inaccurate or incomplete instructions.
P2P Bitcoin Transactions occur in bitcoin denominations (i.e. “satoshis”). You
may have the option to choose an estimated amount of a P2P Bitcoin Transaction
denominated in dollars. Prior to sending any P2P Bitcoin Transaction you will be
shown the amount of the transfer denominated in bitcoin; it is your
responsibility to ensure that the transfer amount in bitcoin is correct. All
estimated denominations of P2P Bitcoin Transactions in dollars are based on the
then-effective Conversion Rate and are not a guarantee or promise of the amount
of bitcoin that will be transferred. The value of bitcoin can fluctuate rapidly
and the Company does not guarantee the dollar value of any P2P Bitcoin
Transaction. Bitcoin received via P2P Bitcoin Transaction may lose value, and
recipients will not be reimbursed for such losses.

7. FEES

We may charge fees for Virtual Currency transactions within Cash App, including
any purchase, sale, transfer, or transaction on any Supported Network. For any
transaction you initiate, you agree to pay the fees shown to you at or prior to
you confirming the transaction. We may change the fees at any time, with or
without notice to you.

8. CONVERSION RATE

You may buy or sell Virtual Currency through the Virtual Currency Services. Any
such buy or sell transaction is subject to the Company “Conversion Rate” for the
given transaction. “Conversion Rate” means the price of Virtual Currency in
terms of Fiat Currency as displayed in the Cash App once you have selected “Buy”
or “Sell” and such Conversion Rate is the price in terms of Fiat Currency at
which you may buy Virtual Currency from or sell Virtual Currency to the Company.
You acknowledge that the Company may add a margin or “spread” between the quoted
mid market price displayed on the Virtual Currency dashboard and the quoted buy
or sell price and, as such, that the quoted buy price Conversion Rate may not be
the same as the sell price Conversion Rate at any given time. You agree, as a
condition of buying or selling Virtual Currency through the Cash App, to accept
the Conversion Rate as the sole conversion metric. You have no obligation to
accept the offered buy or sell price for Virtual Currency in the Cash App.

9. RISK DISCLOSURE

GENERAL. VIRTUAL CURRENCY VALUES CAN FLUCTUATE SUBSTANTIALLY WHICH MAY RESULT IN
A TOTAL LOSS OF THE VALUE OF THE VIRTUAL CURRENCY IN YOUR HOSTED BALANCE. THE
SUPPLY OF VIRTUAL CURRENCY AVAILABLE TO THE COMPANY TO SELL TO YOU AND THE
ABILITY OF THE COMPANY TO PURCHASE OR TRANSFER YOUR VIRTUAL CURRENCY DEPENDS ON
THIRD PARTY PROVIDERS THAT ARE OUTSIDE OF THE COMPANY ’S CONTROL, THEREFORE, THE
COMPANY MAKES NO PROMISES AS TO TIMING OF VIRTUAL CURRENCY PURCHASES, SALES, AND
TRANSFERS. THE COMPANY DOES NOT OWN OR CONTROL ANY OF THE SOFTWARE PROTOCOLS
THAT ARE USED IN CONNECTION WITH THE VIRTUAL CURRENCIES PURCHASED, SOLD, OR
TRANSFERRED THROUGH THE VIRTUAL CURRENCY SERVICES. ACCORDINGLY, THE COMPANY
DISCLAIMS ALL LIABILITY RELATING TO SUCH PROTOCOLS AND ANY PRICE FLUCTUATIONS IN
VIRTUAL CURRENCY, AND MAKES NO GUARANTEES REGARDING THE SECURITY, FUNCTIONALITY
OR AVAILABILITY OF SUCH PROTOCOLS.

FORKS. BY USING THE VIRTUAL CURRENCY SERVICES, YOU ACKNOWLEDGE AND AGREE THAT
THE UNDERLYING PROTOCOLS ARE SUBJECT TO SUDDEN CHANGES IN OPERATING RULES (KNOWN
AS “FORKS”), AND THAT SUCH FORKS MAY MATERIALLY AFFECT THE VALUE, FUNCTION,
AND/OR EVEN THE NAME OF THE VIRTUAL CURRENCY. IN THE EVENT OF A FORK, YOU AGREE
THAT WE MAY TEMPORARILY SUSPEND OPERATIONS (WITH OR WITHOUT ADVANCE NOTICE TO
YOU) AND THAT WE MAY, IN OUR SOLE DISCRETION, DECIDE WHETHER OR NOT TO SUPPORT
(OR CEASE SUPPORTING) EITHER BRANCH OF THE FORKED PROTOCOL ENTIRELY. YOU
ACKNOWLEDGE AND AGREE THAT THE COMPANY ASSUMES ABSOLUTELY NO RESPONSIBILITY
WHATSOEVER IN RESPECT OF AN UNSUPPORTED BRANCH OF A FORKED PROTOCOL.

SYSTEM FAILURE. YOU ACCEPT ALL RISKS ASSOCIATED WITH THE USE OF THE VIRTUAL
CURRENCY SERVICES TO CONDUCT VIRTUAL CURRENCY TRANSACTIONS, INCLUDING, BUT NOT
LIMITED TO, IN CONNECTION WITH THE FAILURE OF HARDWARE, SOFTWARE, INTERNET
CONNECTIONS, AND FAILURES RELATED TO ANY SUPPORTED NETWORK. THE NATURE OF
VIRTUAL CURRENCY MEANS THAT ANY TECHNOLOGICAL DIFFICULTIES EXPERIENCED BY THE
COMPANY MAY PREVENT THE ACCESS OR USE OF YOUR VIRTUAL CURRENCY.

Disruption Events. You agree that we are not liable for any price fluctuations
in Virtual Currency. In the event of material market events or other prevailing
circumstances, we may do one or more of the following: (a) suspend access to the
Virtual Currency Services; or (b) prevent you from completing any actions via
the Virtual Currency Services. We will not be liable for any losses suffered by
you resulting from such actions. Following any such event, when Virtual Currency
Services resume, you acknowledge that prevailing market rates, including the
Conversion Rate, may differ significantly from the rates available prior to such
event.

Limitation of Liability. Our responsibility is limited to the exercise of
ordinary diligence in operating the Virtual Currency Services and giving access
to your Virtual Currency and in preventing access to your Virtual Currency by
unauthorized persons. We are not responsible for any unauthorized access or loss
or harm an unauthorized access may cause, unless caused only by our gross
negligence or our willful misconduct. You will have no claim against us for loss
of your Virtual Currency unless you prove that the loss was not caused or
contributed to by you.

Risks Inherent to Virtual Currency. (a) Virtual Currency transactions are
irreversible, and, accordingly losses due to fraudulent or accidental
transactions may not be recoverable and the Company shall not be held liable for
any fraudulent or accidental transactions, (b) Virtual Currency is not legal
tender and is not backed by a government or central bank. As such, there is no
protection, such as deposit insurance, to cover any losses associated with
Virtual Currency, (c) legislative and regulatory changes or actions at the
state, federal or international level may adversely affect the use, transfer,
exchange, and value of Virtual Currency or the functionality or availability of
any Supported Network, (d) each Supported Network is maintained by a vast,
unidentified private computer network spread around the world, and choosing to
participate in Virtual Currency transactions on any Supported Network is at your
own risk and based solely on your own understanding of the Virtual Currency and
Supported Network, (e) Virtual Currency is a target for fraud and the potential
for fraud is especially likely when you engage in transactions with External
Virtual Currency Addresses, (f) Virtual Currency is a target for hackers and
hacking can occur even when you use the strongest security settings and as such
your Virtual Currency may be irretrievably stolen, (g) your bank accounts are at
increased risk of being hacked when linked to Virtual Currency accounts, (h)
some Virtual Currency transactions shall be deemed to be made when recorded on a
public ledger, which is not necessarily the date or time that you have initiated
the transaction (i) the value of Virtual Currency may be derived from the
continued willingness of market participants to exchange Fiat Currency for
Virtual Currency, which may result in the potential for permanent and total loss
of value of a particular Virtual Currency should the market for that Virtual
Currency disappear, (j) there is no assurance that a person who accepts Virtual
Currency as payment today will continue to do so in the future, (k) the
volatility and unpredictability of the price of Virtual Currency relative to
Fiat Currency may result in significant loss over a short period of time, and
(l) any bond or trust account held by the Company may not be sufficient to cover
all losses incurred by our customers.

10. TRANSACTION HISTORY

Transaction information will be reflected in your transaction history in the
Cash App. You agree that failure to provide such confirmation shall not
prejudice or invalidate the terms of such transaction.

11. USE OF THE VIRTUAL CURRENCY SERVICES

a. Conditions and Restrictions. We may, at any time and in our sole discretion,
refuse any transaction, including any purchase, sale, or transfer request
submitted via the Virtual Currency Services, impose limits on the amount of
Virtual Currency you can purchase, sell, or transfer via the Virtual Currency
Services or impose any other conditions or restrictions upon your use of the
Virtual Currency Services, without prior notice. We may also make the purchase,
sale, or transfer of Virtual Currency in the Cash App unavailable at any time,
in our sole discretion. If the Virtual Currency Services are unavailable, any
purchase, sale, or transfer requests you may have submitted for such Virtual
Currency will be canceled.

b. Cancelations. You may not cancel any purchase, sale or transfer requests via
the Virtual Currency Services. Once you have submitted a request, you may not
change, withdraw, or cancel your authorization for us to complete such
transaction.

c. Insufficient Funds. If you have insufficient funds in your Cash App to
purchase a requested amount of Virtual Currency via the Virtual Currency
Services, you will not be able to complete the transaction.

d. Taxes. It is your responsibility to determine what, if any taxes may apply to
the transactions you complete under the Virtual Currency Services and it is your
responsibility to report and remit the appropriate tax to the relevant taxing
authorities. You agree that we are not responsible for determining whether taxes
apply to the exchanges made under the Virtual Currency Services. To the extent
obligated by the relevant taxing authorities that we are required to deduct or
withhold any amounts from payment, we will make the required payment net of such
taxes. Any amounts so withheld will be treated as having been paid for all
purposes of this agreement. You certify the information provided to the Company
is accurate and consent to the Company using such information as is necessary to
fulfill the Company's federal, state and local tax payment or withholding
purposes and tax filing obligations.

e. Currency Availability. The Company retains the right, in its sole discretion,
to determine the types of Virtual Currency that may be available through the
Virtual Currency Services, and may add or remove the availability of any Virtual
Currency from the Virtual Currency Services at any time for any reason. The
Company will make reasonable efforts to notify you of the likely removal of a
Virtual Currency. If the market for a Virtual Currency is closed on the Cash
App, you will have 30 days to transfer the amounts remaining in your Virtual
Currency Account associated with such Virtual Currency to an External Virtual
Currency Address. Any Virtual Currency that is no longer supported within the
Cash App, and is not withdrawn within 30 days, will not be discarded; however,
you must reach out to Support to arrange withdrawal. The Company will not be
liable to you for any losses, liability or expenses related to the removal of a
Virtual Currency.

f. Independent Relationship. You agree that: (a) we are not acting as your
broker, intermediary, agent, or advisor, or in any fiduciary capacity, and (b)
no communication or information provided to you by us shall be considered or
construed as advice.

12. SUSPENSION; TERMINATION; DISCONTINUANCE OF VIRTUAL CURRENCY SERVICES

a. Suspension, Termination, Discontinuance of the Virtual Currency Service. The
Company may, in our discretion, with or without prior notice to you, and at any
time, limit, suspend, modify, discontinue, either temporarily or permanently,
any portion of our Virtual Currency Services, if we think it is necessary to do
so to protect us, our users, including you, or our employees from danger or
loss, if required by laws that apply or by court order to limit or refuse the
Virtual Currency Services. If we exercise our rights to limit or refuse your
access to the Virtual Currency Services, we will not be responsible for any
consequences of our refusal to give you access to the Virtual Currency Services,
including any delay, damage or inconvenience you may suffer as a result.

b. Suspension, Termination, Discontinuance of your Virtual Currency Account.
Without limiting other provisions in these Cash App Terms, we may suspend or
terminate your Virtual Currency Account or your access to any of the Virtual
Currency Services at any time in our sole discretion.

c. Suspension, Termination, Reversal of Transactions. We may suspend, refuse,
freeze, decline, delay, redirect or reverse any transaction request, including
purchase, sale, or transfer requests, for any reason, even after funds or
Virtual Currency has been credited to your Virtual Currency Account, including
for suspected fraud or illegal activity, in response to a subpoena, court order,
or other government order, or if we believe that the transaction is erroneous.

d. Access to Virtual Currency upon Termination. You will be permitted to
transfer your Virtual Currency or USD funds held in your Virtual Currency
Account for ninety (90) days after your access to the Virtual Currency Services
have been deactivated or canceled, unless such transfer is otherwise prohibited
(i) under the law, including but not limited to applicable sanctions programs,
or (ii) by a subpoena or court order.

13. BITCOIN BOOST PROGRAM

The Company may offer a bitcoin boost for eligible Cash App Card holders (the
“Bitcoin Boost”). If you have activated a Bitcoin Boost, for any eligible
transaction on the Cash App Card during the period of time when the Bitcoin
Boost is active, you will receive the applicable boost percentage of the
transaction amount (e.g. 1%) in Fiat Currency from the Company, up to any
applicable maximum total boost amount (the “Boost Funds”). The Boost Funds will
then automatically be used for a Buy in an amount equal to the Boost Funds, and
such purchased bitcoin will be deposited in your holdings. By activating any
Bitcoin Boost, you authorize and instruct the Company to place a Buy in the
amount of the Boost Funds (each, a “Boost Buy”). No fees will apply to Boost
Buys. Boost Buys will be placed as market orders on the applicable day and will
be executed at the then-effective Conversion Rate. You may not receive prior
notification of Boost Buys before they occur. There may be delays in the time
between the eligible Cash App Card transaction and the Boost Buy, during which
time the Conversion Rate may have changed. Boost Buys are subject to available
bitcoin inventory. Bitcoin may lose value. You may end up with bitcoin of lower
value than the original Boost Funds, and any such loss of value will not be
replaced. The Company may set restrictions on when Bitcoin Boosts are available,
the amount and percentage of Bitcoin Boosts, and other eligibility and program
criteria. You may inactivate a Bitcoin Boost at any time in Cash App. The
Company may cancel or modify any Boost Buy for any reason in its sole
discretion. Bitcoin Boosts are only available to eligible Cash App Card holders.

14. VIRTUAL CURRENCY CUSTOM ORDERS

The Virtual Currency Custom Order (“VC Custom Order”) feature allows you to set
a trading price (the “Trigger Price”) that will result in a Virtual Currency Buy
or Sell to be placed upon the occurrence of the Trigger Event (defined below).

To initiate a VC Custom Order, you will: (1) set the Trigger Price; (2) select
the amount of bitcoin to Buy or Sell; and (3) select an expiration period. The
VC Custom Order will expire if the Trigger Price is not reached before the end
of the expiration period. You will be presented with a confirmation page prior
to submitting the VC Custom Order instructions that will specify details about
the VC Custom Order including any applicable fees.

When you initiate your VC Custom Order, we will pull funds in the amount of the
VC Custom Order, including any applicable fees, either (i) from your Cash App
Balance in the case of a “Buy,” or (ii) from your Hosted Balance in the case of
a “Sell.” If you initiate a VC Custom Order “Buy” in an amount that exceeds your
current Cash App Balance, you authorize us to Add Cash to your Cash App Balance
from an External Account or as otherwise permissible under the Cash App Terms,
in an amount sufficient to cover your VC Custom Order and any applicable fees.
You may not initiate a VC Custom Order “Sell” in an amount that exceeds your
current Hosted Balance.

Only in the event that the Conversion Rate matches the Trigger Price (the
“Trigger Event”) will the contingent Buy or Sell transaction associated with
your VC Custom Order execute. By initiating a VC Custom Order, you authorize the
Company to place a Buy or Sell, as applicable, in the amount specified in the VC
Custom Order upon the occurrence of the Trigger Event. The Trigger Event is
based exclusively on the Conversion Rate, and we will determine when the Trigger
Price is reached in our sole discretion. You acknowledge and agree that the
Conversion Rate is the sole metric used for purposes of determining whether the
Trigger Event has occurred, and prices for Virtual Currency on other third party
exchanges, markets, or otherwise are not considered or binding. Notwithstanding
any prohibition on cancelations that may apply to the Virtual Currency Services
in general, you may cancel your VC Custom Order at any time prior to the
occurrence of the Trigger Event. We may cancel or modify any outstanding VC
Custom Order at any time without notice to you, in our sole discretion. During
the time that your VC Custom Order is pending and prior to its cancelation,
expiration, or the occurrence of the Trigger Event, the funds or Virtual
Currency used to place the VC Custom Order will not appear in your Cash App
Balance or Hosted Balance, as applicable. If your VC Custom Order is canceled or
expires, the funds or Virtual Currency, together with any fees, will be returned
to your Cash App Balance or Hosted Balance, as applicable. We will not be liable
to you for any loss incurred as a result of the cancelation of your VC Custom
Order.

VC Custom Orders are an advanced order type; you should understand the risks of
Virtual Currency transactions generally, and of placing advanced orders
specifically, before placing a VC Custom Order. If you choose to place a VC
Custom Order, you agree you do so at your own risk. Any outage or interruption
to Cash App’s service availability more broadly (including as a result of a
service interruption caused by a third party) may impact the time that you are
able to initiate or cancel your VC Custom Order. We will not be liable to you in
the event that you are not able to place or cancel your VC Custom Order as a
result of such outage or interruption to Cash App’s service availability. Please
carefully review the Virtual Currency risk disclosures before placing any VC
Custom Order.

15. VIRTUAL CURRENCY GIFTING

Cash App may permit you to send or receive a Virtual Currency-denominated gift
to or from other Cash App users, respectively, or to receive such a gift from us
as part of a promotional marketing interaction (each, a “Virtual Currency
Gift”). When initiating a Virtual Currency Gift transaction, the sender does
not, in fact, transfer Virtual Currency to the recipient. Rather, the sender of
a Virtual Currency Gift is sending Fiat Currency to the recipient via Cash App’s
Peer-to-Peer Service, using the Cash App Balance held by the sender, and Cash
App will prompt the recipient of a Virtual Currency Gift to complete a Buy order
to purchase Virtual Currency with the Fiat Currency received from the sender.

The recipient of a Virtual Currency Gift has no obligation to purchase Virtual
Currency with the Fiat Currency received. The recipient may decline to make a
purchase of Virtual Currency. If the recipient fails to accept the Virtual
Currency Gift, whether to purchase Virtual Currency or to receive as Fiat
Currency, within within 21 days of receiving a Virtual Currency Gift, then (i)
in the case of a Virtual Currency Gift received from another Cash App user, the
gifted funds will be returned as Fiat Currency to the sender’s Cash App Balance,
and (ii) in the case of a Virtual Currency Gift received from us as part of a
promotional marketing interaction, the gifted funds will be returned to us. The
recipient is solely responsible for submitting a Buy order to acquire Virtual
Currency using the Fiat Currency received via the Virtual Currency Gift, and
such Buy order is entirely at the direction and instruction of the recipient.

You acknowledge that the value of Virtual Currency at the time a sender
initiates a Virtual Currency Gift may be higher or lower, relative to Fiat
Currency, than the value of Virtual Currency at the time a recipient of a
Virtual Currency Gift chooses to accept such gift and place a Virtual Currency
Buy order. Moreover, Virtual Currency purchased by the recipient, as a result of
a Virtual Currency Gift, may lose value, and any lost value will not be
reimbursed or replaced by us. Purchasing bitcoin is a risky activity and may
involve loss. Please carefully review the Virtual Currency risk disclosures
before placing any Virtual Currency Order. Following the receipt of a Virtual
Currency Gift and the placement of a subsequent Buy order of Virtual Currency, a
recipient will have to sell its Virtual Currency in order to receive any Fiat
Currency. Selling Virtual Currency may have tax implications, and we will not
provide any reimbursement or compensation for the tax consequences of selling
Virtual Currency. If you have questions about your particular tax situation, you
should consult a tax advisor.

16. SPONSORED ACCOUNTS

a. Authorization. You may enable use of Virtual Currency Services for Sponsored
Accounts, provided your Account is authorized for Virtual Currency Services.

b. Ownership and Responsibility. You, and not the Sponsored Account, are the
owner of any Virtual Currency held in a Sponsored Account, and all assets or
liabilities related to Virtual Currency held by the Sponsored Account are yours
and not the Sponsored Person’s. You will be responsible for any losses incurred
by a Sponsored Account, and Cash App will not reimburse or otherwise remedy any
losses incurred or caused by a Sponsored Account. You are responsible in full
for the use of the Sponsored Account, including any obligations or liabilities
incurred by it. You are responsible for any tax consequences of the use of
Virtual Currency Services by the Sponsored Account. Upon the sale of any Virtual
Currency, the proceeds of such sale will be owned by the Sponsored Account, and
not you.

c. Authorization. If enabled by you to use Virtual Currency Services, the
Sponsored Account will be allowed to transact in Virtual Currency in the same
manner as your Account, though subject to certain limits (see below for more
detail). By enabling Virtual Currency Services for a Sponsored Account, you
authorize, consent to, and approve of the Sponsored Person having general
discretionary control of the Virtual Currency in the Sponsored Account,
including the ability to sell the Virtual Currency. The Sponsored Account will
be able to access, transact in, and buy and sell Virtual Currency without prior
approval from, or notice to, you. Only the Sponsored Person may be able to
access or transact using the Sponsored Account; you may not be permitted to make
any transactions in the Sponsored Account (aside from requesting that the
Sponsored Account be closed or liquidated). The Sponsored Person’s actions with
respect to the Sponsored Account will have the same force and effect as if you
had done them yourself, and therefore we are allowed to rely on any instruction
to us by the Sponsored Person regarding the Sponsored Account. You understand
and acknowledge that all actions taken, including the trades placed by the
Sponsored Person are at your own risk. You are able to revoke this authorization
at any time either in-app or by contacting us.

d. Supervision. You are responsible for the activity of any Sponsored Account,
including for any losses that may be incurred and for ensuring that activity in
the Sponsored Account complies with these Cash App Terms. It is your
responsibility to promptly review the Sponsored Account’s activity and to
contact us immediately in the event that you have any questions or concerns. It
is your responsibility to take action, either in-app or by contacting us, to
suspend or revoke a Sponsored Person’s access to a Sponsored Account. We will
not monitor or supervise the Sponsored Account’s activity.

e. Unilateral Graduation and Transfer of Assets. Once the Sponsored Person
reaches the age of majority we will help them transition the holdings of the
Sponsored Account. Upon the Sponsored Person reaching the age of majority in
their state of residence they will be able to transfer title, custody, and
ownership of the assets of the respective Sponsored Account. You authorize and
consent to us transferring the respective Sponsored Account assets at the
direction of the Sponsored Person upon their reaching the age of majority.

f. Limits. Sponsored Accounts may not have access to all Virtual Currency
Services, and may be subject to specific transaction or activity limits. A
Sponsored Person may not be able to transfer assets out of the Sponsored
Account. Transfers of Virtual Currency into and out of Sponsored Accounts may be
limited or outright prohibited. If we determine we need to close a Sponsored
Account, any holdings in such Sponsored Account may be liquidated and the
account closed. We reserve the right to impose any additional limits or
restrictions on Sponsored Accounts at any time in our sole discretion.

g. Life Events. You agree to notify us promptly of any life event or change in
circumstance that impacts your or the Sponsored Person’s ability to own or use a
Sponsored Account. You will notify us if there is a change in your relationship
to the Sponsored Person that would affect the ability of you or the Sponsored
Person to perform their obligations under this Agreement. We will work with you
and the Sponsored Person to transition the account to another sponsor or close
the account, as necessary.

h. Taxes. As you are the owner of the Sponsored Account you are responsible for
any tax consequences of the Sponsored Account’s activity and holdings. You
should consult a tax advisor regarding the federal, state, and local tax
consequences of opening a Sponsored Account with respect to your and the
Sponsored Person.

X. CASH APP INVESTING

1. CASH APP INVESTING

If you want to use Cash App to buy stocks you need to sign up with our
broker-dealer, Cash App Investing LLC.

If you choose to use brokerage services provided by Cash App Investing LLC, a
FINRA registered broker-dealer and subsidiary of the Company (“Cash App
Investing”), you must open a brokerage account with Cash App Investing and agree
to Cash App Investing’s Terms and Conditions for such an account. By using any
Cash App Investing services, you authorize and instruct us to follow any
instructions provided to us by Cash App Investing on your behalf regarding the
transmission or receipt of any funds in your Cash App Balance.

2. STOCK GIFTING

Cash App may permit you to send a “Gift” of stock to another person (the
“Recipient”). When you send a Gift of stock, you are sending an amount of Fiat
Currency that the Recipient may use to initiate a self-directed purchase of the
stock you identified in the Gift. The Recipient may decline to make a
self-directed purchase of the stock and instead accept the Gift as cash.

When you send a Gift, the Gift is not a security and the Recipient is not
receiving anything other than Fiat Currency. Cash App Investing is an entirely
self-directed brokerage service and accountholders are solely responsible for
trades placed in their accounts. Any trade placed to acquire stock with the Gift
is entirely at the direction and instruction of the Recipient.

To receive a Gift, the Recipient must have a Cash App account. To use the Gift
to purchase stock, the Recipient must successfully open a Cash App Investing
brokerage account. Brokerage services are provided by Cash App Investing LLC,
and by submitting their information and opening a Cash App Investing account,
the Recipient will be required to agree to Cash App Investing’s Terms and
Conditions. If the Recipient does not agree to the Cash App Investing Terms or
is unable to successfully open a Cash App Investing brokerage account, the
Recipient cannot open a Cash App Investing Account and will not be able to use
the Gift to purchase stock. If the Recipient does not accept the Gift within
twenty-one (21) calendar days, the Gift will be returned to you.

When sending a Gift, the particular stock you identify in connection with the
Gift is chosen at your discretion. Neither the Gift nor the stock identified in
connection with the Gift constitute a recommendation by Cash App Investing to
buy or sell any security or asset. Cash App Investing does not make
recommendations or provide investment advice.

Investing is a risky activity and may involve loss. The amount of stock
purchased by the Recipient using the Gift, if any, may lose value, and any lost
value will not be reimbursed or replaced by Cash App or Cash App Investing.
Further, the stock’s price may change after you send the Gift but before the
Recipient uses it to make a self-directed purchase of the stock you identified.
Selling shares may have tax implications, and neither Cash App nor Cash App
Investing will provide any reimbursement or compensation for the tax
consequences of selling any stock purchased using a Gift. If you have questions
about your particular tax situation you should consult a tax advisor.

XI. CASH FOR BUSINESS

1. OPENING A CASH FOR BUSINESS ACCOUNT

If you are a seller of goods or services, you may open, use, or switch to a
“Cash for Business Account.” Your Cash for Business Account will be marked with
an insignia or you will otherwise be designated as having a business account.
You must have an Unrestricted Account to be a Cash for Business Account and you
may be asked for additional identification information and Account Information
to open, use, or switch to a Cash for Business Account.

If we determine, in our sole discretion, that you are using your Account to sell
goods and services, we may require you to open or switch to a Cash for Business
Account. We may also terminate, suspend, or close your account in our
discretion.

2. PAYMENT TERMS

By opening, using, or switching to a Cash for Business Account, you accept and
agree to the Cash for Business Payment Terms (the “Payment Terms”) and attest
that neither you nor your business is establishing a business account primarily
for personal, family, or household purposes. You acknowledge and agree that Cash
for Business Accounts are solely for accepting payments for goods and services.

3. ELIGIBILITY AND FEATURE AVAILABILITY

In order to switch to or open a Cash for Business Account, you may be required
to provide certain information about you or your business or legal entity in
order to verify and approve the account. We may, in our sole discretion,
determine the types of businesses and legal entities that are eligible for a
Cash for Business Account. Certain types of businesses, associations, or legal
entities may not be supported or may have limited access to Cash App features.
When you open or switch to a Cash for Business Account, you represent and
warrant the business or legal entity selected is true and accurate, and if you
are a charity or nonprofit, you represent and warrant that you are a legal
entity established as a nonprofit corporation or similar entity and have filed
your organizational documents with the appropriate state authority as necessary.

We may, in our sole discretion, determine which Cash App features Cash for
Business Accounts are eligible for and we may modify eligibility at any time,
for any reason. If you switch or upgrade a Cash App Account to a Cash for
Business Account, you may lose access to certain Cash App features and may be
forced to liquidate or transfer assets held in your Cash App Account.

4. OUR FEES FOR TRANSACTION PROCESSING

If you have a Cash for Business Account, we will charge you a transaction
processing fee, depositing the balance of payments from your customers into your
Cash App balance. You authorize us to process your transactions as an agent on
your behalf. You allow us to void transactions if we believe that a chargeback
for the transactions will occur.

Once you have a Cash for Business Account you will be able to accept payments
from Cash App customers for the sale of goods and services, and we may charge
you a transaction processing fee for doing so. This fee will be disclosed to you
when you open, use, or switch to a Cash for Business Account. Payments you
receive, less the applicable fee, will be deposited to your Cash App Balance.

In connection with your Cash for Business Account, you authorize us to act as
your agent for the purposes of holding, receiving, and disbursing funds on your
behalf. To protect the integrity of the system and reduce risk that a
transaction may be reversed on (or charged back to) your Cash for Business
Account, in some cases where we reasonably believe a transaction is likely to be
reversed (or charged back), you also direct and authorize us, as your agent, to
void the transaction.

5. PURCHASES FROM CASH FOR BUSINESS ACCOUNTS

You may use your account or a linked card to purchase goods and services from
Cash for Business Accounts. By initiating a payment to a Cash for Business
Account, you agree to let that seller debit your account or linked card to
complete the transaction. You can use your Cash App Balance to purchase goods
and services from Cash for Business Accounts only after we have verified your
identity.

As a Cash App customer, you may purchase goods and services from merchants who
use Cash for Business Accounts.

Cash for Business Accounts may be identified to you by a badge, icon, or other
insignia in Cash App. By initiating a payment transaction to a Cash for Business
Account, you authorize the Cash for Business Account to charge your applicable
Eligible Transaction Account or Eligible Credit Account to complete the purchase
and you consent to sharing information from your Account with the Cash for
Business Account. In the event you are entitled to a reversal, refund,
chargeback, or other adjustment associated with any purchase you made from a
Cash for Business, you also authorize a credit to the applicable Eligible
Transaction Account or Eligible Credit Account to accomplish that transaction.
Purchases from Cash for Business Accounts using your Eligible Credit Account or
Eligible Bank Account will be processed by the Company as an agent for Cash for
Business Accounts in accordance with these Cash App Terms.

XII. TRANSACTION INFORMATION AND DISPUTES

1. RECEIPTS AND ACCOUNT STATEMENTS

You can find your transaction receipts and account statements in your Cash App
account.

Transaction receipts can be found in the activity section of your Cash App and
by logging into your Account at Cash.app.

You have the right to receive an Account statement. You may view your Account
statement by logging into your Account at Cash.app.

You may obtain information about the amount of money you have remaining in your
Account and can view your 12-month and 24-month history of Account transactions
in the App or at (www.cash.app/account).

2. ERROR AND DISPUTE RESOLUTION

Contact us if you see any errors or issues with your account. Our contact info
is below, along with a description of the process and timeline for us to look
into your issue. We’ll need some basic information from you to begin our
investigation.

If you believe there are errors on your Account, or you have questions about
your Account, you can:

a. Contact us through your Account in the app.

b. Call us at 1-800-969-1940. Please note this is the only phone number
available for Cash App support. Cash App representatives will never ask you for
your password, PIN, social security number or full debit card number.

c. Write us at Block, Inc., Attn: Cash Disputes, 1955 Broadway, Suite 600, MSC
211, Oakland, CA 94612.

Please contact us as soon as you can if you think an error has occurred on your
Account. You can report an error up to 60 days after the date we sent you the
first statement on which you believe the error occurred. For Unauthorized
Transactions, please see additional details in Section XII.3 below.

In order for us to investigate your claim, you will need to provide:

 * Your name and Account information (including $Cashtag, email and/or phone
   number);
 * Why you believe there is an error,
 * The dollar amount involved; and
 * Approximately when the error took place.

If you contact us by telephone, we may require that you send us your complaint
or question in writing within 10 business days. We will determine whether an
error occurred within 10 business days after we hear from you and will correct
any error promptly. If we need more time however, we may take up to 45 days to
investigate your complaint or question. If we decide such a step is necessary we
will credit your Account within 10 business days for the amount you think is in
error, so that you will have the money during the time it takes us to complete
our investigation. If we ask you to put your complaint or question in writing
and do not receive it within 10 business days, we may, at our discretion, not
credit your Account.

For errors involving new Accounts, as well as point-of-sale transactions, we may
take up to 90 days to investigate your complaint or question. For new Accounts,
we may take up to 20 business days to credit your Account for the amount you
think is an error. We will tell you the results within three business days after
completing our investigation. If we decide that there was no error, we will send
you a written explanation. You may ask for copies of the documents that we used
in our investigation. If you need more information about our error resolution
procedures, call us at 1-800-969-1940, please note (1) this is the only phone
number customers can call for Cash App support, and (2) a Cash App
representative will never ask you for your password, PIN, social security number
or full debit card number.

For purposes of these disclosures, our business days are Monday through Friday.
Holidays are not included.

3. YOUR LIABILITY FOR UNAUTHORIZED TRANSACTIONS

Contact us as soon as possible if you think there has been unauthorized activity
on your account. You could lose all the money in your Account.

Tell us AT ONCE if you believe your Cash App Card (including your card numbers)
has been lost or stolen, or if an electronic fund transfer has been made by
logging in to your Account without your permission (an “Unauthorized
Transaction”).

You may contact us through your Account in the app, by calling 1-800-969-1940,
or by writing to us at Block, Inc., Attn: Cash Disputes, 1955 Broadway, Suite
600, MSC 211, Oakland, CA 94612.

If you tell us within 2 business days (Monday through Friday, holidays not
included) after you learn of an Unauthorized Transaction, you can lose no more
than $50. If you do NOT tell us within 2 business days after you learn of an
Unauthorized Transaction, and we can prove we could have stopped someone from
making an Unauthorized Transaction if you had told us, you could lose as much as
$500. If your statement shows transfers that you did not make, including those
made by card, code or other means, you must also tell us at once. If you do not
tell us within 60 days of the date we sent you the first statement on which the
Unauthorized Transaction appeared, you may not get back any money you lost after
the 60 days if we can prove that we could have stopped someone from taking the
money if you had told us in time. If a good reason (such as a long trip or a
hospital stay) kept you from telling us, we will extend the time periods. If you
have a Cash for Business Account, you may be liable for all Unauthorized
Transactions, regardless of when you report the activity to us.

The following are NOT considered Unauthorized Transactions:

 * If you give someone access to your Account (e.g. by giving them your login
   information) and they use your Account without your knowledge or permission,
   unless you have notified us that transfers by that person are no longer
   authorized;
 * If you, or someone else with whom you are acting in concert, act with
   fraudulent intent; or
 * You reverse engineer or chargeback a transaction made with your Cash App
   Card.

A misdirected payment, such as a payment that is sent to the wrong person, is an
authorized payment, and will not be considered an Unauthorized Transaction.

4. OUR LIABILITY

When we will cover your losses for certain incomplete or incorrect transactions,
detailed here.

If we do not complete a transaction to or from your Account on time or in the
correct amount in accordance with these Cash App Terms, we will be liable for
your losses or damages. However, there are some exceptions. We will not be
liable, for instance:

 * If, through no fault of ours, you have insufficient funds in your Account,
   Eligible Transaction Account or Eligible Credit Account to complete the
   transaction;
 * If your funds are subject to legal process or other encumbrance that
   restricts transfers;
 * If the ATM where you are making the Transaction or using your Cash App Card
   does not have enough cash;
 * If the Cash App was not working properly and you knew about the breakdown
   when you started the transaction;
 * If circumstances beyond our control prevent the transaction, despite
   reasonable precautions that we have taken.

5. DISPUTES WITH YOUR FUNDING SOURCE

When you contest a transaction with your external funding source (such as the
bank that issued your linked debit card), your rights when requesting
reimbursement for a completed transaction are determined by the funding source
used to fund the applicable transaction.

Each of your external funding sources may provide you with different rights and
resolution procedures for resolving disputes. Please consult the terms and
conditions of your funding source to better understand your rights and their
resolution procedures. All inquiries about a third party dispute should be
directed to the external funding source.

XIII. CASH APP OFFERS

Cash App Offers (“Offers”) are promotional programs (each an “Offer”) that allow
you to save on qualifying transactions. Your use of Offers is subject to the
Cash App Offers Terms, which are incorporated here by reference. Offers are for
personal use and you agree that you will not use Offers for any commercial
purpose.

XIV. OTHER LEGAL TERMS

1. RECOVERY OF FUNDS

You give us permission to recover amounts you owe by debiting funds available in
your Cash App account or any other account you may have with the Company. This
may involve us making attempts to recover less than the full amount you owe to
us. We might contact you or take other legal actions to collect amounts due.

You authorize the Company to recover funds from you in accordance with these
Service Terms and any other agreement you have with us, including if you owe
amounts to us or for reason of fraud or illegal activity.

You authorize the Company to debit, charge, setoff against and otherwise recover
funds from your Account, your Cash App Balance, your Savings Balance, any
Eligible Bank Account or Eligible Credit Account, any connected Company Account,
any Balance (as defined in the Payment Terms) or any Reserve (as defined in the
Payment Terms) if applicable, and any payment instrument, linked bank,
depository and other account registered in your Account. Your authorization will
remain in full force and effect until the later of closure or termination of
your Account, or the disbursement of all funds held on your behalf.

Further, in the event that any attempt to recover funds from you should fail,
your authorizations hereunder include your grant to the Company of new, original
authorizations to recover all or less than all of the amount you owe us or
belong to us. You authorize the Company to take the above steps without prior
notice to you and irrespective of (i) whether we have made demand under these
Cash Terms, the Payment Terms, the General Terms or any other agreement you have
with us; and (ii) whether the obligation is contingent, matured or unmatured.
Your authorization hereunder includes all authorizations to take the above steps
in complete compliance with the Network Rules and the NACHA Rules (as defined in
the Payment Terms). You agree that your grant of the authorizations hereunder
has the same legal effect as if you had signed a paper containing the same
terms.

If the Company is unable to recover the funds by these means, the Company may
attempt to contact you or may take other legal actions to collect the amounts
due, to the extent allowed by applicable law.

We may also recover funds from your Account in connection with a disputed
transaction. For example:

 * If a Cash App customer that sent you money disputes the payment and requests
   reimbursement for a payment you previously received, the Company may recover
   the amount disputed or owed from your Cash App Balance and/or your Savings
   Balance.
 * If you initiate a transaction dispute with an external funding source and win
   that dispute, we may recover the funds from your Account.

If there aren’t sufficient funds in your Account to cover the disputed amount,
you understand that the Company's recovery of these funds may cause your account
to become negative.

The Company is not liable for funds that we recover from your Cash App Balance
and/or your Savings Balance to cover: a negative balance on your linked Company
account(s); the amount owed to the Company under its terms of service; or a
pending dispute or chargeback; or to protect against financial risk as outlined
in these terms.

2. COMPLIANCE WITH GOVERNMENTAL AUTHORITIES

The Company may freeze, withhold, or remit funds in your Account in response to
a subpoena, court order, search warrant, notice, or other binding order from a
governmental authority or third party, including but not limited to tax levies,
garnishment orders, or lien notices.

3. LIMITATIONS ON USE

We may limit your funding sources to reduce risk. You will use Cash App legally
and in accordance with debit and credit card network rules. You agree to not
abuse the payment system or the service. We may block or reverse any
transaction, including those that violate our terms or the law, at your expense.

The Company may limit the funding sources available for a specific transaction
at any time in its sole discretion. You may not use unaffiliated prepaid cards
or gift cards to fund transactions on the Cash App.

You agree that you are independently responsible for complying with all
applicable laws in all of your activities related to your use of the Service and
for all communications you send through the Service. You also agree to be bound
by any applicable NACHA rules.

You further agree that in connection with your use of the Service, or in the
course of your interactions with the Company, a Cash App customer or a third
party, you will not (a) use your Account or the Service in a manner that the
Company, Visa, MasterCard, American Express or Discover reasonably believe to be
an abuse of the payment card system or a violation of payment card association
rules, (b) provide yourself a cash advance from your Eligible Credit Account (or
help others to do so), or (c) use the Service to make transactions for the sole
purpose of earning rewards, perks, miles, points, etc. with your Eligible Credit
Account.

We reserve the right to block, refuse, or reverse any transaction, in our sole
discretion. We will notify the affected parties promptly if we decide to do so,
but notification is not required if the transaction is prohibited by these terms
or applicable law. Neither we nor third parties to whom we assign or delegate
rights or responsibilities will be liable for any claims or damages resulting
from prohibited transactions. All costs for research and resolution for any
misapplied, misposted or misdirected prohibited transactions will be your sole
responsibility and not ours.

4. ACCEPTABLE USE POLICY AND OTHER RESTRICTIONS

If you want to use our services, you can’t do certain bad things. If we think
you are doing these bad things, we have the right to share your information with
law enforcement.

Your use of Cash App and the Services are subject to Cash App’s Acceptable Use
Policy.

Except where prohibited by law, you may not, nor may you permit any third party,
directly or indirectly, to:

 * engage in any activity that may be in violation of regulations administered
   by the United States Department of the Treasury’s Office of Foreign Asset
   Control (31 C.F.R. Parts 500-599). Prohibited activity includes but is not
   limited to the provision of Services to or for the benefit of a jurisdiction,
   entity, or individual blocked or prohibited by relevant sanctions
   authorities, including but not limited to activities in Iran, Cuba, North
   Korea, Syria, or the Crimean Region of the Ukraine. If found to be in
   apparent violation of these restrictions, your account could be terminated
   and your funds could be held for an indefinite period of time;
 * access or monitor any material or information on any Company system using any
   manual process or robot, spider, scraper, or other automated means;
 * except to the extent that any restriction is expressly prohibited by law,
   violate the restrictions in any robot exclusion headers on any Service, work
   around, bypass, or circumvent any of the technical limitations of the
   Services, use any tool to enable features or functionalities that are
   otherwise disabled in the Services, or decompile, disassemble or otherwise
   reverse engineer the Services;
 * perform or attempt to perform any actions that would interfere with the
   proper working of the Services, prevent access to or use of the Services by
   our other customers, or impose an unreasonable or disproportionately large
   load on our infrastructure;
 * copy, reproduce, alter, modify, create derivative works, publicly display,
   republish, upload, post, transmit, resell or distribute in any way materials,
   information or Services from the Company;
 * transfer any rights granted to you under these Cash App Terms;
 * use the Services for the sale of firearms, firearm parts, ammunition, weapons
   or other devices designed to cause physical harm;
 * use the Services for any illegal activity or goods or in any way that exposes
   you, other Company users, our partners, or the Company to harm; or
 * otherwise use the Services except as expressly allowed under these Terms.

If we reasonably suspect that your Account has been used for an unauthorized,
illegal, or criminal purpose, you give us express authorization to share
information about you, your Account, and any of your transactions with law
enforcement, in accordance with applicable state, local, and federal laws and
regulations governing such information sharing.

5. LIMITATIONS ON OUR LIABILITY FOR FAILURE TO COMPLETE TRANSACTIONS

There are some circumstances where we will not be liable if transactions do not
go through. Those circumstances are listed here.

We will not be liable, for failure to complete transactions in the following
circumstances: (a) Through no fault of ours, there are insufficient funds in
your Cash App Account to complete the transaction; (b) A merchant refuses to
accept your Cash App Card; (c) The information supplied by you is incorrect,
incomplete, ambiguous or untimely; (d) An ATM where you are making a cash
withdrawal does not have enough cash; (e) An electronic terminal (Point of Sale
or ATM) where you are making a transaction does not operate properly; (f) Access
to funds in your Cash App Account have been blocked after you reported your Cash
App Card lost or stolen; (g) The transaction cannot be completed because your
Cash App Card is damaged; (h) There is a hold or your funds are subject to legal
or administrative process or other encumbrance restricting their use; (i) We
have reason to believe the requested transaction is unauthorized; (j)
Circumstances beyond our control (such as fire, flood, power failure, strike,
labor dispute, critical service provider failure, computer breakdown, telephone
line disruption, government or regulatory action, or a natural disaster) prevent
or delay the completion of the transaction, despite reasonable precautions that
we have taken; or (k) Any other exception stated in our Agreement with you.

6. CHANGES TO EXTERNAL ACCOUNT NUMBERS

If your Eligible Credit Account or your debit card account number changes or the
expiration date changes, we may acquire that information from our financial
services partner and update your Account accordingly.

7. OUR RELATIONSHIP WITH YOU

We are an independent contractor for all purposes, except that we act as your
limited agent with respect to the custody and transfer of your funds for the
purposes set forth herein only.

8. TERMINATION OF ACCOUNT

We can terminate or deny you access to our services at any time, for any reason.
You can also choose to deactivate your account at any time.

We may terminate these Cash App Terms or any Terms, or suspend or terminate your
Account or your access to any Service, and the same for any associated Account
or Sponsored Account, at any time for any reason, including for a violation of
these Cash App Terms. We may add or remove, suspend, stop, delete, discontinue
or impose conditions on Services or any feature or aspect of a Service. We will
take reasonable steps to notify you of termination or these other types of
Service changes by email or at the next time you attempt to access your Account.
You may also terminate the Cash App Terms applicable to your Account by
deactivating your Account at any time.

9. EFFECT OF TERMINATION

Once our relationship ends, we are not responsible for any losses you experience
because of the termination of our services or for removing your data from our
servers. Some terms of our agreement will still apply even after our
relationship ends.

If these Terms or your Account is terminated or suspended for any reason: (a)
the license and any other rights granted under these Terms will end, (b) we may
delete your information and account data stored on our servers, and (c) we will
not be liable to you or any third party for compensation, reimbursement, or
damages for any termination or suspension of the Services, or for deletion of
your information or account data. The following Sections of these Cash App Terms
survive and remain in effect in accordance with their terms upon termination:
V.1 (Your Content), V.4 (Ownership), V.6 (Copyright and Trademark Infringement),
XI.9 (Effect of Termination), XI.14 (Indemnity), XI.15 (No Warranties), XI.16
(Limitation of Liability and Damages), XI.17 (Third Party Products), XI.18
(Disputes), XI.19 (Binding Arbitration), XI.20 (Governing Law), X.21
(Assignment), and XI.22 (Other Provisions).

10. SERVICES UPON CLOSURE OF ACCOUNT

When your Cash App account is closed, we’ll settle any pending transactions and
return remaining funds in your account to you. We may need to hold your funds if
there is an investigation at the time your Account is closed.

Any pending transactions at the time of termination, closure, or suspension of
your Account will be settled. Any funds that we are holding in custody for you
at the time of termination, suspension, or closure of your Account, less any
applicable fees, (1) may be made available for you to cash out in the Company's
discretion and subject to the other conditions in these Cash App Terms, and (2)
we may require you to link a new bank account that has not been associated with
your Account to cash out such funds. We reserve the right to hold your funds at
our discretion to protect the Company or a third party against the risk of
reversals, chargebacks, claims, fees, fines, penalties and other liability. In
addition, if an investigation is pending at the time of closure, we may hold
your funds until resolution of the investigation.

11. UNCLAIMED PROPERTY

If your Account is inactive for an extended period of time it may be deemed
“unclaimed” or “abandoned” under your state’s law. If this occurs, the Company
will provide you with notice as required by applicable law. If funds still
remain in your Account, the Company will escheat such funds as required by
applicable law.

12. REFERRAL PROGRAMS

From time to time, we may offer referral programs or incentives for inviting
others to use the Service (a “Referral Program”). Any bonuses or incentives
under such Referral Program shall be subject to the then current Referral
Program terms, if applicable, and otherwise at our sole discretion.

13. TAXES.

You are responsible for all applicable taxes that arise from or as a result of
your use of the Service. For the avoidance of doubt, all sums payable by you to
the Company under these Cash App Terms shall be paid free and clear of any
deductions or withholdings whatsoever. Other than taxes that may be charged by
the Company to you and remitted to the appropriate tax authorities on your
behalf, any deductions or withholdings that are required by law shall be borne
by you and paid separately to the relevant taxation authority.

You may be asked to provide certain information used to assist the Company in
complying with its obligations under the United States Internal Revenue Code and
the applicable Treasury Regulations, or state and local governments. By
providing the Company with this information you are certifying that the
information provided is true and accurately reflective of your use of the
Services.

When indicating that you are a Cash for Business Account, you certify that your
use of Payment Services through Cash App is to receive payment(s) that are
“reportable payment transactions” as defined in Treas. Reg. § 1.6050W–1(a)(3)
and the associated applicable state and local regulations, including, but not
limited to, the payments for goods and services. When indicating that your use
of the Peer-to-Peer Service is “Personal”, you certify that such uses solely for
receipt of payments other than reportable payment transactions. For avoidance of
doubt, “Personal use” does not allow for the receipt of payment for goods and
services you provide others that constitute “reportable payment transactions”as
defined in Treas. Reg. § 1.6050W–1(a)(3).

FOR WEST VIRGINIA RESIDENTS: Where applicable, West Virginia sales tax is being
paid for you for certain fees, which are subject to taxation in West Virginia.

14. INDEMNITY

If you do something using our services that gets us sued or fined, you agree to
cover our losses as described below.

You will indemnify, defend, and hold us and our processors (and our respective
employees, directors, agents, affiliates and representatives) harmless from and
against any and all claims, costs, losses, damages, judgments, tax assessments,
penalties, interest, and expenses (including without limitation reasonable
attorneys’ fees) arising out of any claim, action, audit, investigation,
inquiry, or other proceeding instituted by a person or entity that arises out of
or relates to: (a) any actual or alleged breach of your representations,
warranties, or obligations set forth in these Terms; (b) your wrongful or
improper use of the Services; (c) your violation of any third-party right,
including without limitation any right of privacy, publicity rights or
Intellectual Property Rights; (d) your violation of any law, rule or regulation
of the United States or any other country; (e) any third-party claims made by
your Buyer regarding the Company's processing of your customer/Buyer’s Personal
Information in connection with providing you with the Services; and (f) any
other party’s access and/or use of the Services with your unique name, password
or other appropriate security code.

15. NO WARRANTIES

While we do our best to bring great products and services to our customers, we
provide them as-is, without warranties. We are not responsible for any goods and
services that you might buy or sell using Cash for Business.

THE USE OF “THE COMPANY” IN SECTIONS XI.15 AND XI.16 MEANS THE COMPANY, ITS
PROCESSORS, ITS SUPPLIERS, AND ITS LICENSORS (AND THEIR RESPECTIVE SUBSIDIARIES,
AFFILIATES, AGENTS, DIRECTORS, AND EMPLOYEES).

THE SERVICES ARE PROVIDED “AS IS” WITHOUT REPRESENTATION OR WARRANTY, WHETHER IT
IS EXPRESS, IMPLIED, OR STATUTORY. WITHOUT LIMITING THE FOREGOING, THE COMPANY
SPECIFICALLY DISCLAIMS ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A
PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

THE COMPANY DOES NOT WARRANT OR GUARANTEE THAT THE SERVICES ARE ACCURATE,
RELIABLE OR CORRECT; THAT THE SERVICES WILL MEET YOUR REQUIREMENTS; THAT THE
SERVICES WILL BE AVAILABLE AT ANY PARTICULAR TIME OR LOCATION, UNINTERRUPTED,
ERROR-FREE, WITHOUT DEFECT OR SECURE; THAT ANY DEFECTS OR ERRORS WILL BE
CORRECTED; OR THAT THE SERVICES ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

The Company does not warrant, endorse, guarantee, or assume responsibility for
any product or service advertised or offered by a third party. The Company does
not have control of, or liability for, goods or services that are paid for using
the Services.

16. LIMITATIONS OF LIABILITY AND DAMAGES

As described below, if something bad happens because of your use of our
services, our liability is capped.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL THE COMPANY
BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL,
CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR
LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, THAT RESULT
FROM THE USE OF, INABILITY TO USE, OR UNAVAILABILITY OF THE SERVICE. IN ALL
CASES, THE COMPANY WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE THAT IS NOT
REASONABLY FORESEEABLE.

UNDER NO CIRCUMSTANCES WILL THE COMPANY BE RESPONSIBLE FOR ANY DAMAGE, LOSS, OR
INJURY RESULTING FROM HACKING, TAMPERING, OR OTHER UNAUTHORIZED ACCESS OR USE OF
THE SERVICES OR YOUR CASH APP ACCOUNT, OR THE INFORMATION CONTAINED THEREIN.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE TOTAL LIABILITY OF THE
COMPANY IS LIMITED TO THE GREATER OF (A) THE AMOUNT OF FEES EARNED BY US IN
CONNECTION WITH YOUR USE OF THE SERVICES DURING THE THREE (3) MONTH PERIOD
IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY, OR (B)
$500.

THIS LIMITATION OF LIABILITY SECTION APPLIES WHETHER THE ALLEGED LIABILITY IS
BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR ANY OTHER BASIS, EVEN
IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. THE FOREGOING
LIMITATION OF LIABILITY WILL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE
APPLICABLE JURISDICTION.

17. THIRD PARTY PRODUCTS

All third party products included or sold with the Services are provided solely
according to the warranty and other terms specified by such third party, who is
solely responsible for service and support for its product. For service,
support, or warranty assistance, you should contact the manufacturer directly.
THE COMPANY MAKES NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, WITH
RESPECT TO SUCH THIRD PARTY PRODUCTS, AND EXPRESSLY DISCLAIMS ANY WARRANTY OR
CONDITION OF MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR
PURPOSE.

18. DISPUTES

When you see the word “Dispute” in Section XI.19, here’s what it means.

For purposes of Section XI.19, “Disputes” are defined as any claim, controversy,
or dispute between you and the Company, its processors, suppliers or licensors
(or their respective affiliates, agents, directors or employees), whether
arising before or during the effective period of these Terms, and including any
claim, controversy, or dispute based on any conduct of you or the Company that
occurred before the effective date of these Terms, including any claims relating
in any way to these Terms or the Services, or any other aspect of our
relationship.

19. BINDING ARBITRATION

This section provides details about how we will resolve disputes through the
arbitration process.

If you are an individual Cash App customer, this arbitration provision applies
to you:

General. You and the Company agree that any and all Disputes, except those that
are resolved informally or brought in a small claims court, will be individually
arbitrated by a neutral arbitrator who has the power to award the same
individual damages and individual relief that a court can. ANY ARBITRATION UNDER
THESE CASH APP TERMS WILL ONLY BE ON AN INDIVIDUAL BASIS; CLASS ARBITRATIONS,
CLASS ACTIONS, REPRESENTATIVE ACTIONS, MASS ACTIONS, AND CONSOLIDATION WITH
OTHER ARBITRATIONS ARE NOT PERMITTED. YOU WAIVE ANY RIGHT TO HAVE YOUR CASE
DECIDED BY A JURY AND YOU WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION
AGAINST THE COMPANY. Nothing in this agreement prevents you or the Company from
settling Disputes on a class, representative, or consolidated basis. If any term
of this arbitration agreement in Section XIII.19 is found unenforceable,
including the Bellwether Arbitration procedures described below, the
unenforceable term will be severed, and the remaining terms will be enforced
(but in no case will there be a class action, consolidated action, mass action
or representative action arbitration).

Pre-Filing Requirement to Attempt to Resolve Disputes. Before an arbitration is
commenced, you and the Company agree to attempt to avoid the costs of formal
dispute resolution by giving each other a full and fair opportunity to address
and resolve a Dispute informally. Both parties recognize that this is an
important requirement, and that breach of this requirement would be a material
breach of the Terms. To provide this opportunity, before commencing any
arbitration, proceeding in small claims court, or lawsuit (when permitted by
this arbitration agreement), each party agrees to send to the other party a
written Notice (“Notice”) and personally meet and confer to informally resolve
any Dispute. Any Notice to the Company should be sent by mail to Block, Inc.,
Attn: Arbitration Agreement, 1955 Broadway, Suite 600, Oakland, CA 94612. Any
Notice sent to you will be mailed to the address on file for your account. The
Notice must: (i) include your name, mailing address, $Cashtag, email address and
phone number associated with your account; (ii) provide detailed information
sufficient to evaluate the merits of the claiming party’s individualized claim
and for the other party to determine if an amicable resolution is possible;
(iii) set forth the specific relief sought, including an accurate, good-faith
calculation of the amount in controversy, enumerated in United States Dollars,
including whatever amount of money is demanded and the means by which the
demanding party calculated the claimed damages; and (iv) be personally signed by
you or the Company, as applicable. A Notice is only valid when it pertains to,
and is on behalf of, an individual party. A Notice brought on behalf of multiple
parties is invalid as to all. Both parties agree that they will attempt to
resolve a Dispute through an informal negotiation within sixty (60) days from
the date the Notice is received, and you and the Company therefore agree that,
before either you or the Company demands or attempts to commence arbitration or
litigation (where permitted) against the other, both parties will personally
meet and confer, via telephone or videoconference, with each other in a
good-faith effort to resolve informally any Dispute. These informal resolution
conferences shall be individualized such that a separate conference must be held
each time either party intends to commence individual arbitration or litigation
(where permitted); multiple parties initiating claims cannot participate in the
same informal resolution conference, unless mutually agreed to by the parties.
If you are represented by counsel, your counsel may participate in the
conference, but you shall also fully participate in the conference. Engaging in
an informal resolution conference is a requirement that must be fulfilled before
commencing arbitration or litigation (where permitted). Any statute of
limitations shall be tolled while the parties engage in the informal resolution
process required by this paragraph.

After that sixty (60) day period and not before, and after the informal
resolution conference has occurred and not before, either party may elect, in a
written Notice to the other party as described above, that it will pursue the
matter either through small claims court or arbitration. The party receiving the
notice shall then have seven (7) days to respond, including to elect for the
case to be heard by a small claims court with jurisdiction. After that seven (7)
day period and not before, either party may commence arbitration if not
proceeding in small claims court with jurisdiction. You agree that compliance
with the informal resolution process described above is a condition precedent to
commencing arbitration or filing a claim in small claims court. A party’s
failure to satisfy this condition precedent entitles the opposing party to seek
immediate dismissal of the arbitration or litigation (where permitted) and the
right to seek reimbursement of its costs. If either party elects small claims
court, the Dispute will be resolved in that forum and not through arbitration.
Each party agrees that state courts in the City and County of San Francisco,
California, or federal court for the Northern District of California, referenced
below, may enter injunctive relief to enforce the pre-filing requirements of
this paragraph, including an injunction to stay an arbitration that has been
commenced in violation of this paragraph. Each party also agrees that state
courts in the City and County of San Francisco, California, or federal court for
the Northern District of California may address whether a claim filed in small
claims court or in arbitration has been previously released.

Scope of Arbitration. If we and you are not able to resolve the Dispute by
informal negotiation or, as provided below, in a small claims court, all
Disputes will be resolved finally and exclusively by binding individual
arbitration with a single arbitrator (the “Arbitrator”) administered by National
Arbitration and Mediation (“NAM”) (https://www.namadr.org) according to the NAM
Comprehensive Rules and Procedures and, when applicable, the NAM Supplemental
Rules for Mass Arbitration Filings (together, the “NAM Rules”), and this
Section. In the event NAM is unavailable to administer the arbitration, either
party may invoke 9 U.S.C. § 5 to request that a court appoint the Arbitrator.
Except as set forth above, and for Disputes subject to jurisdiction in small
claims court, the Arbitrator shall be responsible for determining all threshold
arbitrability issues, including issues relating to whether the Cash App Terms
(or any aspect thereof) are enforceable, unconscionable or illusory and any
defense to arbitration, including waiver, delay, laches, or estoppel.

Small Claims Court. Subject to applicable jurisdictional requirements, either
party may elect to pursue a Dispute in a local small-claims court rather than
through arbitration so long as the matter remains in small claims court and
proceeds only on an individual basis. If a party has already submitted an
arbitration demand to the arbitration provider but before an Arbitrator has been
selected, and the claim is subject to the jurisdiction of the filing party’s
local small claims court, the other party can send a written notice to the
opposing party and the arbitration provider requesting that the Dispute be
decided in small claims court. Upon receipt of such notice, and if all
outstanding arbitration service fees have been paid, the arbitration provider
shall then administratively close the case.

Arbitration Procedures. The Federal Arbitration Act, 9 U.S.C. §§ 1-16, including
its procedural provisions, fully applies. So long as it is consistent with the
NAM Rules, the arbitration shall occur through the submission of documents to
one Arbitrator. To the extent the Arbitrator determines a hearing is required,
the arbitration shall be conducted remotely by telephone or video conference. To
the extent that the Arbitrator determines that an in-person hearing is required,
the arbitration hearing will take place as close to your hometown as
practicable. You and the Company will have the right to file early or summary
dispositive motions. The Arbitrator’s award will be binding on the parties and
may be entered as a judgment in any court of competent jurisdiction. The Company
values your privacy, particularly with respect to your financial transactions
and data. Each of the parties shall maintain the confidential nature of the
arbitration and shall not (without the prior written consent of the other party)
disclose to any third party the fact, existence, content, award, or other result
of the arbitration, except as may be necessary to enforce, enter, or challenge
such award in a court of competent jurisdiction or as otherwise required by
applicable law. While an Arbitrator may award declaratory or injunctive relief,
the Arbitrator may do so only with respect to the individual party seeking
relief and only to the extent necessary to provide relief warranted by the
individual party’s claim. The Arbitrator’s decision and judgment thereon will
not have a precedential or collateral estoppel effect with respect to disputes
involving other parties.

Bellwether Arbitration Procedures. You and the Company agree that if twenty-five
(25) or more similar individual arbitration demands are brought against you or
us by or with the assistance of the same or coordinated counsel or entities
(“Mass Proceeding”), the parties shall select twelve (12) individual arbitration
demands (six (6) per side) for arbitration to proceed (“Bellwether
Arbitrations”). The NAM Supplemental Rules for Mass Arbitration Filings shall
apply if the parties’ dispute is deemed by NAM, in its sole discretion pursuant
to the NAM Rules and this Section XIII.19, to be part of a Mass Proceeding.
While the Bellwether Arbitrations are adjudicated, all other demands for
arbitration that are part of the Mass Proceeding shall be held in abeyance and
stayed, and no party shall be responsible for paying any administrator or
arbitrator fees (other than the arbitration provider’s initial
filing/administrative fees, and Procedural Arbitrator fees, if applicable) with
respect to such stayed demands while the Bellwether Arbitrations are
adjudicated. Any applicable statute of limitations shall be tolled as to
non-Bellwether Arbitrations demands when such non-Bellwether Arbitrations are
held in abeyance. The tolling period will begin when the claimant first provided
the Notice of its intent to initiate an informal resolution conference as
described above.

Any party may request, within five (5) business days of being notified by the
arbitration provider that arbitration demand(s) have been filed, that the
arbitration provider appoint a sole procedural arbitrator (“Procedural
Arbitrator”) to determine initial questions that arise in the Bellwether
Arbitrations, including whether the Bellwether Arbitration procedures are
applicable or enforceable, whether any particular demand is part of a Mass
Proceeding, and whether any particular demand within a Mass Proceeding was filed
in accordance with this Section XIII.19. To expedite the Procedural Arbitrator’s
resolution of any such initial questions, the parties agree that the Procedural
Arbitrator may set forth such procedures as are necessary to resolve any such
initial questions promptly. The Company shall pay the Procedural Arbitrator’s
costs.

All parties agree that the Bellwether Arbitration procedures are designed to be
a generally faster, more efficient, and more affordable mechanism for resolving
a Mass Proceeding, including the claims of individual parties who are not
selected for a Bellwether Arbitration. All parties shall work in good faith with
the Arbitrator or Procedural Arbitrator to complete each Bellwether Arbitration
within one hundred and twenty (120) calendar days of its initial pre-hearing
conference.

Following resolution of the Bellwether Arbitrations, all parties agree to engage
in a mediation of all remaining arbitration demands comprising the Mass
Proceeding (the “Bellwether Mediation”). The Bellwether Mediation shall be
administered by the arbitration provider. If the parties are unable to resolve
the remaining demands for arbitration comprising the Mass Proceeding within
thirty (30) calendar days following the Bellwether Mediation, the remaining
demands for arbitration comprising the Mass Proceeding shall be administered by
the arbitration provider on an individual basis pursuant to the arbitration
provider’s rules and this Section XIII.19, unless the parties mutually agree
otherwise in writing.

All parties agree to cooperate in good faith with the arbitration provider to
implement the Bellwether Arbitration procedures, including deferring any costs
associated with the non-Bellwether Arbitration Mass Proceedings until the
Bellwether Arbitrations and subsequent Bellwether Mediation have concluded, and
cooperate on any steps to minimize the time and costs of arbitration, which may
include the appointment of a discovery special master to assist the arbitrator
in the resolution of discovery disputes and the adoption of an expedited
calendar of the arbitration proceedings.

These Bellwether Arbitration procedures shall in no way be interpreted as
authorizing a class, collective, or mass action of any kind, or an arbitration
involving joint or consolidated claims under any circumstances, except as
expressly set forth in this Section XIII.19.

Arbitration Fees. In accordance with the NAM Rules, the party initiating the
arbitration (either you or us) is responsible for paying the applicable filing
fee. For purposes of this arbitration agreement, references to you and the
Company also include respective subsidiaries, affiliates, agents, employees,
predecessors, successors and assigns as well as authorized users or
beneficiaries of the Services.

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.
Court Proceedings. Subject to and without waiver of the arbitration agreement
above, you agree that any judicial proceedings (other than small claims actions
as discussed above) will be brought in and you hereby consent to the exclusive
jurisdiction and venue in the state courts in the City and County of San
Francisco, California, or the federal court for the Northern District of
California.

Court Proceedings. Subject to and without waiver of the arbitration provisions
above, you agree that any judicial proceedings (other than small claims actions
as discussed above) will be brought in and you hereby consent to the exclusive
jurisdiction and venue in the state courts in the City and County of San
Francisco, California, or federal court for the Northern District of California.

If you are a Cash for Business customer, this arbitration provision applies to
you:

General. You and the Company agree that any and all Disputes, except those that
are resolved informally or brought in a small claims court, will be individually
arbitrated by a neutral arbitrator who has the power to award the same
individual damages and individual relief that a court can. ANY ARBITRATION UNDER
THESE GENERAL TERMS WILL ONLY BE ON AN INDIVIDUAL BASIS; CLASS ARBITRATIONS,
CLASS ACTIONS, REPRESENTATIVE ACTIONS, MASS ACTIONS, AND CONSOLIDATION WITH
OTHER ARBITRATIONS ARE NOT PERMITTED. YOU WAIVE ANY RIGHT TO HAVE YOUR CASE
DECIDED BY A JURY AND YOU WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION
AGAINST THE COMPANY. Nothing in this agreement prevents you or the Company from
settling Disputes on a class, representative, or consolidated basis. If any term
of this arbitration agreement in Section XIII.19 is found unenforceable,
including the Bellwether Arbitration procedures described below, the
unenforceable term will be severed, and the remaining terms will be enforced
(but in no case will there be a class action, consolidated action, mass action
or representative action arbitration).

Pre-Filing Requirement to Attempt to Resolve Disputes. Before an arbitration is
commenced, you and the Company agree to attempt to avoid the costs of formal
dispute resolution by giving each other a full and fair opportunity to address
and resolve a Dispute informally. Both parties recognize that this is an
important requirement, and that breach of this requirement would be a material
breach of the Terms. To provide this opportunity, before commencing any
arbitration, proceeding in small claims court, or lawsuit (when permitted by
this arbitration agreement), each party agrees to send to the other party a
written Notice (“Notice”) and personally meet and confer to informally resolve
any Dispute. Any Notice to the Company should be sent by mail to Block, Inc.,
Attn: Arbitration Agreement, 1955 Broadway, Suite 600, Oakland, CA 94612. Any
Notice sent to you will be mailed to the address on file for your account. The
Notice must: (i) include your name, mailing address, $Cashtag, and the email
address and phone number associated with your account, and; (ii) provide
detailed information sufficient to evaluate the merits of the claiming party’s
individualized claim and for the other party to determine if an amicable
resolution is possible; (iii) set forth the specific relief sought, including an
accurate, good-faith calculation of the amount in controversy, enumerated in
United States Dollars, including whatever amount of money is demanded and the
means by which the demanding party calculated the claimed damages; and (iv) be
personally signed by you or the Company, as applicable. A Notice is only valid
when it pertains to, and is on behalf of, an individual party. A Notice brought
on behalf of multiple parties is invalid as to all. Both parties agree that they
will attempt to resolve a Dispute through an informal negotiation within sixty
(60) days from the date the Notice is received, and you and the Company
therefore agree that, before either you or the Company demands or attempts to
commence arbitration or litigation (where permitted) against the other, both
parties will personally meet and confer, via telephone or videoconference, with
each other in a good-faith effort to resolve informally any Dispute. These
informal resolution conferences shall be individualized such that a separate
conference must be held each time either party intends to commence individual
arbitration or litigation (where permitted); multiple parties initiating claims
cannot participate in the same informal resolution conference, unless mutually
agreed to by the parties. If you are represented by counsel, your counsel may
participate in the conference, but you shall also fully participate in the
conference. Engaging in an informal resolution conference is a requirement that
must be fulfilled before commencing arbitration or litigation (where permitted).
Any statute of limitations shall be tolled while the parties engage in the
informal resolution process required by this paragraph.

After that sixty (60) day period and not before, and after the informal
resolution conference has occurred and not before, either party may elect, in a
written Notice to the other party as described above, that it will pursue the
matter either through small claims court or arbitration. The party receiving the
notice shall then have seven (7) days to respond, including to elect for the
case to be heard by a small claims court with jurisdiction. After that seven (7)
day period and not before, either party may commence arbitration if not
proceeding in small claims court with jurisdiction. You agree that compliance
with the informal resolution process described above is a condition precedent to
commencing arbitration or filing a claim in small claims court. A party’s
failure to satisfy this condition precedent entitles the opposing party to seek
immediate dismissal of the arbitration or litigation (where permitted) and the
right to seek reimbursement for its costs. If either party elects small claims
court, the Dispute will be resolved in that forum and not through arbitration.
Each party agrees that state courts in the City and County of San Francisco,
California, or federal court for the Northern District of California, referenced
below, may enter injunctive relief to enforce the pre-filing requirements of
this paragraph, including an injunction to stay an arbitration that has been
commenced in violation of this paragraph. Each party also agrees that state
courts in the City and County of San Francisco, California, or federal court for
the Northern District of California may address whether a claim filed in small
claims court or in arbitration has been previously released.

Scope of Arbitration. If we and you are not able to resolve the Dispute by
informal negotiation or, as provided below, in a small claims court, all
Disputes will be resolved finally and exclusively by binding individual
arbitration with a single arbitrator (the “Arbitrator”) administered by National
Arbitration and Mediation (“NAM”) (https://www.namadr.org) according to the NAM
Comprehensive Rules and Procedures (the “NAM Rules”), and this Section. In the
event NAM is unavailable to administer the arbitration, either party may invoke
9 U.S.C. § 5 to request that a court appoint the Arbitrator. Except as set forth
above, and for Disputes subject to jurisdiction in small claims court, the
Arbitrator shall be responsible for determining all threshold arbitrability
issues, including issues relating to whether the Terms (or any aspect thereof)
are enforceable, unconscionable or illusory and any defense to arbitration,
including waiver, delay, laches, or estoppel.

Small Claims Court. Subject to applicable jurisdictional requirements, either
party may elect to pursue a Dispute in a local small claims court rather than
through arbitration so long as the matter remains in small claims court and
proceeds only on an individual basis. If a party has already submitted an
arbitration demand to the arbitration provider but before an Arbitrator has been
selected, and the claim is subject to the jurisdiction of the filing party’s
local small claims court, the other party can send a written notice to the
opposing party and the arbitration provider requesting that the Dispute be
decided in small claims court. Upon receipt of such notice, and if all
outstanding arbitration service fees have been paid, the arbitration provider
shall then administratively close the case.

Arbitration Procedures. The Federal Arbitration Act, 9 U.S.C. §§ 1-16, including
its procedural provisions, fully applies. So long as it is consistent with the
NAM Rules, the arbitration shall occur through the submission of documents to
one Arbitrator. To the extent the Arbitrator determines that a hearing is
required, the arbitration shall be conducted remotely by telephone or video
conference. To the extent that the Arbitrator determines that an in-person
hearing is required, the arbitration hearing will take place as close to your
hometown as practicable. You and the Company will have the right to file early
or summary dispositive motions. The Arbitrator’s award will be binding on the
parties and may be entered as a judgment in any court of competent jurisdiction.
The Company values your privacy, particularly with respect to your financial
transactions and data. Each of the parties shall maintain the confidential
nature of the arbitration and shall not (without the prior written consent of
the other party) disclose to any third party the fact, existence, content,
award, or other result of the arbitration, except as may be necessary to
enforce, enter, or challenge such award in a court of competent jurisdiction or
as otherwise required by applicable law. While an Arbitrator may award
declaratory or injunctive relief, the Arbitrator may do so only with respect to
the individual party seeking relief and only to the extent necessary to provide
relief warranted by the individual party’s claim. The Arbitrator’s decision and
judgment thereon will not have a precedential or collateral estoppel effect with
respect to disputes involving other parties.

Bellwether Arbitration Procedures. You and the Company agree that if twenty-five
(25) or more similar individual arbitration demands are brought against you or
us by or with the assistance of the same or coordinated counsel or entities
(“Mass Proceeding”), the parties shall select twelve (12) individual arbitration
demands (six (6) per side) for arbitration to proceed (“Bellwether
Arbitrations”). The determination of whether or not a demand/demands is/are part
of a “Mass Proceeding” is in the arbitration provider’s sole discretion;
however, either party can request the appointment of a Procedural Arbitrator (as
described below) if they do not agree with the arbitration provider’s
determination.

While the Bellwether Arbitrations are adjudicated, all other demands for
arbitration that are part of the Mass Proceeding shall be held in abeyance and
stayed, and no party shall be responsible for paying any administrator or
arbitrator fees (other than the arbitration provider’s initial
filing/administrative fees, and Procedural Arbitrator fees, if applicable) with
respect to such stayed demands while the Bellwether Arbitrations are
adjudicated. Any applicable statute of limitations shall be tolled as to
non-Bellwether Arbitrations demands when such non-Bellwether Arbitrations are
held in abeyance. The tolling period will begin when the claimant first provided
the Notice of its intent to initiate an informal resolution conference as
described above.

Any party may request, within five (5) business days of being notified by the
arbitration provider that a Mass Proceeding exists, that the arbitration
provider appoint a sole procedural arbitrator (“Procedural Arbitrator”) to
determine initial questions that arise in the Bellwether Arbitrations, including
whether the Bellwether Arbitration procedures are applicable or enforceable,
whether any particular demand is part of a Mass Proceeding, and whether any
particular demand within a Mass Proceeding was filed in accordance with this
Section XIII.19. To expedite the Procedural Arbitrator’s resolution of any such
initial questions, the parties agree that the Procedural Arbitrator may set
forth such procedures as are necessary to resolve any such initial questions
promptly. The parties agree that procedures outlined in the NAM Mass Filing
Supplemental Dispute Resolution Rules and Procedures (available at
https://www.namadr.com/resources/rules-fees-forms/ shall apply to the
appointment and conduct of the Procedural Arbitrator. The Company shall pay the
Procedural Arbitrator’s costs.

All parties agree that the Bellwether Arbitration procedures are designed to be
a generally faster, more efficient, and more affordable mechanism for resolving
a Mass Proceeding, including the claims of individual parties who are not
selected for a Bellwether Arbitration. All parties shall work in good faith with
the Arbitrator or Procedural Arbitrator to complete each Bellwether Arbitration
within one hundred and twenty (120) calendar days of its initial pre-hearing
conference.

Following resolution of the Bellwether Arbitrations, all parties agree to engage
in a mediation of all remaining arbitration demands comprising the Mass
Proceeding (the “Bellwether Mediation”). The Bellwether Mediation shall be
administered by the arbitration provider. If the parties are unable to resolve
the remaining demands for arbitration comprising the Mass Proceeding within
thirty (30) calendar days following the Bellwether Mediation, the remaining
demands for arbitration comprising the Mass Proceeding shall be administered by
the arbitration provider on an individual basis pursuant to the arbitration
provider’s rules and this Section XIII.19, unless the parties mutually agree
otherwise in writing.

All parties agree to cooperate in good faith with the arbitration provider to
implement the Bellwether Arbitration procedures, including deferring any costs
associated with the non-Bellwether Arbitration Mass Proceedings until the
Bellwether Arbitrations and subsequent Bellwether Mediation have concluded, and
cooperate on any steps to minimize the time and costs of arbitration, which may
include the appointment of a discovery special master to assist the Arbitrator
in the resolution of discovery disputes and the adoption of an expedited
calendar of the arbitration proceedings.

These Bellwether Arbitration procedures shall in no way be interpreted as
authorizing a class, collective, or mass action of any kind, or an arbitration
involving joint or consolidated claims under any circumstances, except as
expressly set forth in this Section XIII.19.

Arbitration Fees. In accordance with the NAM Rules, the party initiating the
arbitration (either you or us) is responsible for paying the applicable filing
fee. You agree that you do not intend to use the Service for personal, family or
household use. Accordingly, for purposes of calculating any arbitration costs
and fees, you and the Company agree that you are not a "consumer," and that the
NAM Comprehensive Fees schedule will apply. The arbitrator’s hourly fees (also
referred to as Arbitrator Hearing Time) shall be split evenly between the
parties. For purposes of this arbitration agreement, references to you and the
Company also include respective subsidiaries, affiliates, agents, employees,
predecessors, successors and assigns as well as authorized users or
beneficiaries of the Services.

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
your 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 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 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.

Court Proceedings. Subject to and without waiver of the arbitration agreement
above, you agree that any judicial proceedings (other than small claims actions
as discussed above) will be brought in and you hereby consent to the exclusive
jurisdiction and venue in the state courts in the City and County of San
Francisco, California, or federal court for the Northern District of California.

20. GOVERNING LAW

Our relationship is governed by the laws of California, federal law, or both.

These Cash App Terms and any Dispute will be governed by the Federal Arbitration
Act, as set forth above, and by California law and/or applicable federal law,
without regard to its choice of law or conflicts of law principles.

21. ASSIGNMENT

You may not transfer any rights you have under our terms of service to anyone
else.

These Cash App Terms, and any rights and licenses granted hereunder, may not be
transferred or assigned by you and any attempted transfer or assignment will be
null and void.

22. OTHER PROVISIONS

These Cash App Terms, and any applicable Policies, are a complete statement of
the agreement between you and the Company regarding the Services. In the event
of a conflict between these Cash App Terms and any other Company agreement or
Policy, these Cash App Terms will prevail and control the subject matter of such
conflict. If any provision of these Cash App Terms or any Additional Term is
invalid or unenforceable under applicable law, then it will be changed and
interpreted to accomplish the objectives of such provision to the greatest
extent possible under applicable law, and the remaining provisions will continue
in full force and effect. These Cash App Terms do not limit any rights that we
may have under trade secret, copyright, patent, or other laws. No waiver of any
term of these Cash App Terms will be deemed a further or continuing waiver of
such term or any other term.

XV. MOBILE CHECK CAPTURE SERVICES

This page explains the terms for the Mobile Check Capture service. By using the
service, you agree to these terms.

These Mobile Check Capture Terms govern your use of Mobile Check Capture which
enables you to use Cash App, a financial platform offered by Block, Inc.,
formerly known as Square, Inc., (“the Company” “we,” “our,” or “us”) and certain
hardware (such as a smartphone or other mobile device) approved by us to create
electronic images of the front and back of certain eligible paper checks and to
transmit those images and other information, including, without limitation,
information captured from the Magnetic Ink Character Recognition (MICR) line for
review, processing and loading into your Cash App Balance. Cash App reserves the
right to suspend or terminate your access to Mobile Check Capture at any time,
and for any reason.

1. GENERAL INFORMATION

This section defines what an Electronic Check is and details what data we
collect from the Electronic Check. It also informs you that we may decline to
process your check or reverse our decision to process your check. To protect
yourself, you should retain your paper check for two weeks. You agree not to use
this feature to disrupt Cash App or to conduct illegal activity.

“Electronic Check” means the electronic image of, and electronic information
derived from, a paper check that is collected by Cash App in connection with the
submission of the check image for Mobile Check Capture, as well as any
associated data, including information provided by you.

When you submit an Electronic Check, Cash App may capture and retain various
information from the mobile device, including time and geolocation data. To use
Mobile Check Capture, you must have provided Cash App with all hardware and
operating permissions that it requests, including permission to access your
device’s camera, files stored on your device, device time, and geolocation
information.

After we receive your transmission, we will review each Electronic Check. We
reserve the right to decline acceptance of any item, even if it meets the
eligibility standards of an Eligible Check, and your Cash App account is
otherwise in good standing. You should not assume that an Electronic Check will
be accepted for Mobile Check Capture. If you need to cash a check immediately,
then you should have backup check cashing options for situations where Mobile
Check Capture does not accept your check.

After we have accepted an Electronic Check from you, you must keep the original
check in a secure location for two weeks. It is imperative that you do so
because we reserve the right to reverse our decision to accept an Electronic
Check. If we do we will notify you of our decision and you may cash or deposit
the check through another service or at a different institution. After two weeks
you must either destroy the original check or clearly and indelibly mark it as
VOID unless we have contacted you with other instructions.

You will not use Mobile Check Capture to (i) interfere with or disrupt the
operation of Cash App or Mobile Check Capture; nor (ii) conduct or engage in any
illegal business or activity, infringe any third party Intellectual Property
Rights using Mobile Check Capture or Cash App.

2. ELIGIBILITY REQUIREMENTS

This section details the requirements your paper check must meet to be eligible
for Mobile Check Capture.

Whether a paper check qualifies as an “Eligible Check” is determined by Cash App
in its sole discretion based on factors including, but not limited to, the
following:
 * The check is written to the order of you, or if the check is a two party
   check, it is clearly written to the order of either you or another person;
 * The physical paper check is in your possession and control when the image is
   submitted;
 * The check is drawn on or payable by a bank, credit union, or other depository
   institution in the United States;
 * The check is not drawn on another account owned by you;
 * The check is payable in United States Dollars;
 * The check has been properly signed or similarly authenticated by the maker;
 * The amount of the check does not exceed the maximum check amount that the
   Company has set for your use of Mobile Check Capture, and will not cause the
   total amount of checks you have submitted to via Mobile Check Capture to
   exceed any daily, weekly, monthly, or other limits on the dollar volume of
   checks that you may submit with Mobile Check Capture;
 * The check is dated and the date of the check is in the past (i.e. the check
   is not postdated), but no more than 180 days earlier than the date that you
   submit it through Mobile Check Capture;
 * Neither the check, nor any electronic image generated with the check, has
   been cashed or deposited previously, by you or anyone else;
 * The check has not been altered in any way since it was issued (except for the
   endorsement required by these terms and conditions);
 * The check has been endorsed (signed) by you in the designated place (usually
   on the back) and is clearly legible,
 * The check has not been endorsed by anyone else, or to any other financial
   institution;
 * The endorsement states that the deposit is “Cash App Deposit”;
 * The check has not been dishonored previously, nor are you aware of any reason
   to believe that the check will be dishonored (e.g., you have been told that
   the maker of the check does not have enough money in the account to cover the
   check); and
 * The check otherwise complies with any requirements or conditions listed on
   the check.

Certain items will not be accepted as Eligible Checks, including, but not
limited to: credit card checks, trust checks, estate checks, and checks payable
to a business (including sole proprietorship accounts).

3. REPRESENTATIONS AND WARRANTIES

Here is the part where you tell us all the information on the check you are
transmitting through Mobile Check Capture is true and that the check is eligible
for this service.

Each time that you submit an Electronic Check with Mobile Check Capture, you
represent and warrant to us that all of the following are true:

a. The check that you are using to create the Electronic Check is an Eligible
Check (i.e., it meets all of the eligibility criteria listed above) as of the
time that you submit the Electronic Check with Mobile Check Capture; b. All of
the information you submit to us in connection with the Electronic Check (such
as the check amount that you input manually) is true, accurate, and complete; c.
The information in the Electronic Check is clear, legible, and accurate,
including (but not limited to) all of the following information:

 * The MICR data on the bottom of the check front;
 * The check date;
 * The name of the person to whom the check is written (which must be you);
 * The check writer’s signature; and
 * Your endorsement on the back of the check.

4. WHAT TO DO AFTER YOU SUBMIT AN ELECTRONIC CHECK

You must keep your check for two weeks after you use Mobile Check Capture. We
may need to contact you about your check. Please update your contact information
on Cash App.

After you submit an Electronic Check with Mobile Check Capture, wait until the
app confirms successful submission. Then, place the original paper check in a
secure location. Keep the original check for two weeks, and then destroy it,
unless we instruct you otherwise.

It is critical that we be able to contact you after you submit an Electronic
Check with Mobile Check Capture. Before using the Mobile Check Capture, confirm
that all your contact information in the Cash App is up to date. Be sure to
check your email and text messages for the email address and phone number we
will use to contact you.

5. DISHONORED ELECTRONIC CHECKS

If any Electronic Check is dishonored or returned unpaid for any reason,
including because we determine the Electronic Check is fraudulent, then we may
immediately (and without further notice to you) deduct any funds from the
Electronic Check that we have credited to your Cash App Balance. If we have
already made funds from the Electronic Check available to you then this
deduction may result in a negative Cash App Balance. We may recover funds from
you in accordance with the Recovery of Funds section of the Cash App Terms to
bring your negative balance to zero.

6. CLAIMS BY DRAWEE BANK

The bank that accepts your check from us may have a claim against us if there
are problems with your check. Some common problems, but not all, are listed
here. If we make the bank that accepts your check whole, then we may recover
funds from you.

Pursuant to applicable law and the rules of the check collection system, the
drawee bank or a collecting bank might pursue a warranty claim or other claim
against us related to the Electronic Check, even after the check was honored and
paid in full. Common grounds for claims like this include:
 * The original check, or another electronic check created from the original
   check, was presented for payment, either before or after the drawee bank paid
   the Electronic Check;
 * The maker’s signature or any indorsement was forged, or the check was
   otherwise issued fraudulent and without the authorization of a person
   authorized to write checks on the account;
 * The check was altered after it was made; and
 * The information in the Electronic Check images did not match the information
   that you provided at the time that you submitted the Electronic Check, or it
   was not possible to verify that information because the information in the
   Electronic Check images was illegible.

These are just a few examples of the reasons that the drawee bank or a
collecting bank may assert a claim with respect to the Electronic Check to
recover amounts paid. If we (or one of our banks or other service providers) are
subject to such a claim, then we may immediately recover funds from you in
accordance with the Additional Cash App Terms of Service - Recovery of Funds
(and without notice to you).

7. FUNDS AVAILABILITY

YOUR ABILITY TO WITHDRAW OR USE FUNDS FROM AN ELECTRONIC CHECK

We may delay your access to funds while we process your check.

Our policy is to delay the availability of funds from Electronic Checks that you
Successfully Submit (as defined below) with Mobile Check Capture. During the
delay, you may not use the funds for transactions, including transactions to:
(i) make a payment to another Cash App customer (including a Cash for Business
Account); (ii) withdraw cash using your Cash App Card; (iii) make a purchase
with your Cash App Card; (iv) fund a transfer to your Eligible Bank Account; (v)
initiate a “Buy” transaction for virtual currency; or (vi) fund an order to
purchase securities using your Cash App Investing Account.

An Electronic Check is considered “Successfully Submitted” when you have
received confirmation within the Cash App that the Electronic Check has been
submitted and accepted by us.

WHEN FUNDS FROM AN ELECTRONIC CHECK GENERALLY WILL BE AVAILABLE

This is where we tell you the cut off time for a check to be submitted in order
to be counted on a specific day and potential hold periods.

The length of the delay is counted in business days from the day that you
Successfully Submit the Electronic Check. Every day is a business day except
Saturdays, Sundays, and federal holidays. If you Successfully Submit an
Electronic Check before 7:00 p.m. Eastern Time on a business day, we will
consider the Electronic Check to have been Successfully Submitted on that day.
However, if you Successfully Submit an Electronic Check after 7:00 pm Eastern
Time or on a day that is not a business day, we will consider that the
Electronic Check was Successfully Submitted on the next business day. Funds from
a U.S. Treasury check will generally be available the first business day after
you Successfully Submit the Electronic Check with Mobile Check Capture, unless
such deposit is subject to a hold as otherwise provided in this agreement.

Checks other than U.S. Treasury checks are subject to a hold period between 1
and 15 business days.

CHECKS RETURNED OR SUBJECT TO A REFUND CLAIM

We may make funds available to you before they clear from the paying bank. If we
do, and the funds do not clear the paying bank you will be required to pay back
the funds we made available to you. If you present us with a check that has been
paid out by another bank and we also make funds available to you, you will be
required to repay the funds to us.

In many cases, funds from an Electronic Check will be made available to you
sooner than the Electronic Check can be collected from the paying bank. This
means that an Electronic Check that you Successfully Submit with Mobile Check
Capture could be returned unpaid after funds have been made available to you. If
an Electronic Check is returned unpaid, we may immediately reverse the amount
credited to your Cash App Balance for the Electronic Check. If this results in a
negative balance, then you will be required to repay us this negative balance
immediately. We may recover funds from you in accordance with the Additional
Cash App Terms of Service - Recovery of Funds to bring your negative balance to
zero.

If an Electronic Check is presented for payment more than once, the paying bank
may recover funds paid on the Electronic Check. If this happens, we may deduct
the amount of the Electronic Check from your Cash App Balance immediately. If
this results in a negative balance, you will be required to repay the negative
balance immediately, and we may recover funds from you in accordance with the
Additional Cash App Terms of Service - Recovery of Funds to bring your negative
balance to zero.

8. THIRD PARTY RIGHTS

The image capture service on Cash App is provided by Mitek Systems, Inc
(“Mitek”). Below are Mitek’s rights to the intellectual property and your
license to use the technology.

Mitek Systems, Inc. enables the image capture services for the Mobile Check
Capture functionality.

SUCH CHECK CAPTURE SERVICE PROVIDER PROVIDES THE SERVICE “AS IS”, AND “WITH ALL
FAULTS”, MAKES NO ADDITIONAL WARRANTIES EXPRESS OR IMPLIED RELATED TO THE
SERVICES, AND EXPRESSLY DISCLAIMS ANY AND ALL OTHER WARRANTIES OF ANY KIND OR
NATURE, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY
OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE ACCURACY, TITLE, AND
NON-INFRINGEMENT OF THIRD PARTY RIGHTS.

THE CHECK CAPTURE SERVICE PROVIDER SHALL NOT BE LIABLE TO YOU FOR ANY INDIRECT,
PUNITIVE, SPECIAL, INCIDENTAL OR CONSEQUENTIAL OR OTHER INDIRECT DAMAGES UNDER
ANY CAUSE OF ACTION ARISING OUT OF YOUR USE OF THE CHECK CAPTURE SERVICE.

You acknowledge and agree that Mitek Systems, Inc. has granted you a limited
license to use the Mobile Check Capture technology as contemplated in the
integration with Cash App only. You further acknowledge and agree that you are
prohibited from using, copying, distributing, duplicating, or otherwise
reproducing all or any part of the Mobile Check Capture technology and any such
unauthorized action shall be a material breach of this Agreement. Without
limiting the foregoing, the licenses granted under this Agreement only permits
you to use Mobile Check Capture as part of the Cash App, and you may not license
the the Mobile Check Capture technology on a standalone basis and may not
license the Mobile Check Capture technology to any third party that will modify
or integrate it independent of the Cash App integration in any manner.

You acknowledge and agree that, except to the extent prohibited by law, we may
share any information about you or any of your transactions using Mobile Check
Capture with the service provider for any reason that we deem necessary,
including (i) to review transactions for fraud or irregularities; (ii) to
confirm that Mobile Check Capture is being used properly and in accordance with
these terms and conditions; (iii) to help the service provider or us improve the
Mobile Check Capture for you and other users of the service, including by using
information about you and your transactions to enhance algorithms and systems
for the detection of fraud or transaction monitoring.

United States
Cash App Terms of ServiceCash App Terms of Service (accounts created prior to
June 24, 2021)Cash Sutton Bank Terms of ServiceCash App Savings Terms of
ServiceCash App Investing Disclosure LibraryPrivacy NoticeCash App E-Sign
ConsentCash App Copyright and Trademark PolicyCash for Business Payment
TermsCash App Taxes Terms of ServiceCash App Taxes Privacy NoticeBitcoin
Disclosures
United Kingdom
General Terms of ServiceAdditional Cash Terms of ServicePrivacy Notice for Cash
App
Ireland
General Terms of ServiceAdditional Cash Terms of Service
Legal Licenses Security Press Bitcoin Support Status Contact Us