Pay Attention if You Took Credit Cards from 2004 – 2019


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In 2019, the court awarded a judgement against Visa and Mastercard from $5.54 billion to $6.2 billion. Any merchant who took credit cards and paid merchant service processing fees during that time is eligible to participate in the settlement. 

Currently, the settlement claim is under appeal but it is expected that appeal will end shortly. Presumably, at least some of the claim will stand and then merchants who haven’t already been included in the class can be added. 

Do You Need a Lawyer to Get Your Part of the Settlement? 

There are firms now advertising that they will add you to the class for fees of 20% or more. But in reality it is a simple process to file online. Go to https://www.paymentcardsettlement.com/en for information on how to file. As of this date, they have not opened up the process to add yourself to the group. That will happen after the appeals process is over.  

You can also read more information at: https://www.paymentcardsettlement.com/Content/Documents/New%20Docs/Notice.pdf
Go to the above listed website to keep up to date on the process.  



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