Tags: Payment Card Settlement Recovery

Payment Card Settlement Recovery

Settlement Overview

The settlement, commonly known as the Visa/Mastercard Settlement (In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation), alleging Visa and MasterCard overcharged merchants for interchange fees since 2005, was affirmed by the Appeals Court and received Final Approval in August 2023. The time for all appeals has passed. The parties are currently preparing for administration of the claims process.

The settlement is valued at up to $5.54 billion. 

Do You Qualify?

If your business accepted Visa or MasterCard payments in the U.S. at any time from January 1, 2004, to January 25, 2019, you may be eligible to collect funds from this Settlement.

If you need help

Collectively provides you with a simple option to file a claim in this settlement. They manage the entire claims process for you, utilizing their claims settlement expertise and proprietary technology, until you collect! Pricing options include fees with no upfront risk that are less than 16% of the amount collected. Collectively also helps file and collect in other antitrust and class-action settlements.

You can sign up with Collectively here: https://settlement.collectivelyapp.com/

File on Your Own

Claim forms are not yet available and class members need not sign up for a third-party service to recover settlement funds. Once a claims process is available, no-cost assistance will be available from the Class Administrator and Class Counsel. Additional information regarding the litigation is available on the Court-approved website at www.paymentcardsettlement.com.

Businesses Must File A Claim To Collect In This Settlement

Please file on your own, with the help of the administrator if necessary or sign up with Collectively in less than 60 seconds at https://settlement.collectivelyapp.com/