Card Class Action Lawsuit Claim Settlement

The Visa and Mastercard settlement is an agreement to address claims that these companies engaged in unfair practices with debit & credit card transactions, like setting high fees and limiting competition. The goal of the settlement is to offer compensation to merchants who were affected by these practices.

If your business accepted Visa or Mastercard credit or debit cards in the U.S. from January 1, 2004, to January 25, 2019, you might qualify to receive compensation. Complete the claim info form on this page to begin the process.

You may file your own claim if you have the time and the expertise to do so or if you wish to hire an attorney. You can find more information and the necessary forms on the official settlement website.

All legal documents are located here. The official settlement site can be found here: https://www.paymentcardsettlement.com/en

The amount of your business award will be determined based on several factors including the volume of Visa and Mastercard transactions your business processed during the eligible period and the specific details of the settlement. The more transactions you had, the higher your potential award might be.

The amount paid from the settlement fund will be based on your actual or estimated interchange fees attributable to Visa and Mastercard card transactions (between you and your customers) from January 1, 2004, through January 25, 2019. The amount of money each Authorized Claimant will receive from the settlement fund depends on the money available to pay all claims, the total dollar value of all valid claims filed, the cost of class administration and notice, applicable taxes on the settlement fund and any other related tax expenses, attorneys' fees and expenses, and money awards to the Rule 23(b)(3) Class Plaintiffs for their representation of merchants in MDL 1720, which culminated in the Class Settlement Agreement, all as approved by the Court.

No payments are expected to be made until after the end of the Claims Period on February 4, 2025. Because the pro rata cannot be determined until all Claims are filed and reviewed and until the Court approves the final amounts, we do not yet know when payments will be made but it's likely that it may be mid- to late-summer, 2025. Please be patient.

You should consult with a tax professional, as settlement payments may be considered taxable income.

The funds are distributed based on the volume of transactions processed by each claimant and the number of claims filed.

Our team charges a 25% fee for our services which is only paid after your claim is successfully processed and you receive your settlement.

This fee covers our time in researching your claim, filing your documents, and legal filings. In essence, it covers the resources we dedicate to maximize your claim.

If you have more questions, please contact us here, or contact the class administrator.

Sometimes things are just as plain as they seem. Visa & Mastercard entered into a class action lawsuit settlment and this process is simply your way to recover some of the fees that you were overcharged during a 15 year period. 

Some consider this "found money" ... money you are owed but may not have known without being told about it. 

Think about it this way. For a few minutes of your time filling out  the claim form on this page, and a few minutes digitally signing agreements, you may be eligible for what some are seeing as a substantial return of overcharged fees. 

How much you'll receive depends on many factors but it all starts with 5 minutes completing a form. 

Are you ready to see if you have money owed to you?