$5 Billion+ Dollar Visa/Mastercard Merchant Fee Settlement

Wednesday, August 07, 2024 9:00 AM By FPS

DID YOUR BUSINESS ACCEPT VISA/MC FOR PAYMENTS?


UPDATE
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


This case claims that merchants overpaid the excessive interchange fees for accepting Visa and Mastercard, stemming from an alleged conspiracy among the Defendants. 


The Court granted final approval of this Settlement on December 13, 2019, and established a claims process whereby eligible merchants will be able to claim their share of the billions in settlement funds.


If your organization accepted Visa or Mastercard payments any time from January 1, 2004 to January 25, 2019, you may be eligible to recover significant funds from this Settlement. FPS can ensure that a proper and timely claim is filed on behalf of your business.


Financial Power Services (FPS) can streamline the filing process, secure and maximize recoveries for your organization from the "Visa/Mastercard Interchange Fee Class Action Settlement" [In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation | MDL No. 1720] ("Settlement"). 


For more detailed information on this settlement, our Visa/MC Refund Info Packet (PDF) is available for download here.


To retain FPS for your settlement refund recovery on this case, click here to learn more about FPS Claim Management or contact us to learn what FPS can do for you and your company.


Be advised you may contact Class Counsel or the Claims Administrator, or visit the court-approved website at https://paymentcardsettlement.com. You have the right to file a claim on your own behalf without need of a third-party service, and no-cost assistance is available from the Claims Administrator and Class Counsel during the claims-filing period.


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