Paysafe Data Breach Settlement: Is It Legit? Read This First

Did you receive the Paysafe Data Breach Settlement email? It is not a scam. You received the mail because you filed a claim.

Paysafe decided to shell out $2 million to settle a class action lawsuit. The whole beef was that they apparently didn’t do enough to stop a data breach that went on from 2018 to 2020. They’re trying to put that chapter behind them, it seems.

Who Is Eligible For Paysafe Data Breach Settlement

If you got a heads-up from Paysafe saying your info might’ve been in the line of fire between May 2018 and October 2020, you could be in for some benefits.

Here’s the deal: People are pointing fingers at Paysafe for not locking the doors, and they say this data breach went on a rampage for over two years, from May 2018 to October 2020.

How Much Is Settlement

Paysafe’s coughing up $2 million to settle the data breach lawsuit.

Now, here’s the interesting part: if you’re part of the class, you could snag up to $25,000. This covers things like fraud costs, identity theft expenses, bank fees, even your lost time – up to 10 hours at 25 bucks an hour, not bad!

But here’s the twist: after all those expenses are paid, there might still be some cash left, and class members get a slice of that pie. How big that slice is will depend on how many people are in on this and how much of that $2 million settlement fund is left.

How To File A Claim

If you are eligible, fill out a valid claim form before the deadline on  Nov. 27, 2023.

Click here to fill out a claim

Conclusion

In conclusion, Bitmouni v. Paysafe Limited, Case No. 3:21-cv-00641-JCS, is not a scam. Just like Amazon Prime Class Action Lawsuit, If you got a heads-up from Paysafe saying your info might’ve been in the line of fire between May 2018 and October 2020, you could be in for some benefits. Also, Paysafe’s coughing up $2 million to settle the data breach lawsuit.