Released: April 26, 2022
How to opt out of Venmo’s new arbitration clause
Source: Barbara Krasnoff, The Verge
If you use the Venmo app, you probably recently received an email explaining that the company is making changes to its user agreement — including a fairly onerous arbitration clause that, among other things, has you agree that you will not become part of any kind of class action suit. You can opt out of it, but it’s not easy.
Here’s the short version of what you need to do:
Download and print out the Venmo Opt-Out Notice Form
Fill out the entire form
Mail it (yes, the kind of mail with an envelope and a stamp) to:
PayPal, Inc.
Attn: Litigation Department
Re: Venmo Opt-Out Notice
2211 North First Street
San Jose, CA 95131
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