If your business accepted Visa or Mastercard payments between January 2004 and January 2019, you could be eligible to claim a portion of a $5.54 billion class action settlement by Visa and Mastercard.
The amount you may receive depends on factors such as your total credit card processing volume over those 15 years, the interchange fees charged during that period, and the number of other merchants who sign up for the class settlement.
The $5.54 billion settlement is the result of a long-standing class-action lawsuit against Visa and Mastercard, which accused the credit card companies of imposing unfair and excessively high swipe fees on merchants.
After years of legal disputes and a prior settlement that was overturned on appeal, this $5.54 billion resolution is considered a significant outcome.
We have a streamlined process – Our intake form takes minutes to fill out and you sign the documents electronically. Then you are all set. We do the rest. We charge a minimal 20% of whatever is received, and you only pay after you have received your share of the settlement.
Class members need not sign up for a third-party service to participate in any monetary relief and no-cost assistance will be provided from the Class Administrator and Class Counsel during the claims-filing period.