The $5.54 billion settlement is part of a long-standing class-action lawsuit against Visa and Mastercard. The lawsuit accused Visa and Mastercard, along with their respective member banks, of imposing excessive fees on merchants, specifically swipe fees, violating antitrust laws.
The litigation began in 2005, initiated by merchants who claimed that Visa and Mastercard, along with several banks, colluded to set fees and rules for credit card transactions that were anti-competitive.
After years of legal battles and a previous settlement that was overturned on appeal, this federal court issued $5.54 billion settlement will provide payment to merchants that accepted Visa and Mastercard from January 1, 2004 to January 25, 2019.
The final deadline to file your claim is February 4th, 2025. Our third-party filing service is dedicated to helping your business meet this deadline and apply for your share of the settlement. Start the claim application now.
Is your business eligible?
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 the settlement compensation. Get Started Now to see if you qualify.
Rule 23(b)(3) Settlement Class Party Exclusion
The class includes all entities that accepted Visa or Mastercard cards in the United States from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include the following parties:
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Disclaimer: Claim forms are being delivered and are available online beginning December 1, 2023. Class members need not sign up for a third-party service in order to participate in any monetary relief. No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period.
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