Merchants Set to Benefit from $5.5 Billion Visa and Mastercard Settlement
Visa and Mastercard Settlement: A Landmark Resolution in Antitrust Case The Visa and Mastercard settlement marks a significant milestone in a long-standing antitrust case involving the two credit card giants. U.S. merchants who processed payments through Visa and Mastercard between January 1, 2004, and January 25, 2019, are eligible to claim a share of the $5.5 billion settlement. This case centers around allegations that Visa and Mastercard overcharged merchants by imposing excessive interchange fees. Although the companies did not admit to any wrongdoing, the settlement provides monetary relief to affected businesses, highlighting the importance of fair practices in the payment processing industry. The extension of the claims filing deadline and the resolution of conflicting claims are essential to ensuring that all eligible merchants receive their due compensation.
Updated September 23, 2024:
On August 8, 2024, the Court granted a requested 180-day extension of the claims-filing deadline and extended the deadline to Tuesday, February 4, 2025.
Additional Claim Forms are being mailed by the Class Administrator through the end of October 2024. To file a claim online, please click the "Submit a Claim" button below. The deadline to file a claim is February 4, 2025.
If your business accepted Visa and/or Mastercard between 2004-2019, you're now eligible to claim your share of a $5.5 billion Settlement.
Claim Your Share Now
Top of Form
English
English
Bottom of FormPayment Card Interchange
Fee Settlement
Official Court-Authorized Settlement Website
Updated May 14, 2024: In an Order dated May 14, 2024, the Court granted an extension of the claims-filing deadline. The deadline to submit claims is August 30, 2024. If you received a Claim Form in the mail and want to file a claim online using the Claimant ID provided, please click the “Submit a Claim” button below. If you did not receive a claim form, you can start the claim filing process.
Visit the website www.paymentcardsettlement.com/en
Spotlight Businesses Of The Week
.
Businesses That
Recently Enrolled In
Our Network
Click On Any Business
To Be Directed To Website
_____________
