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 * Visa Mastercard Settlement


WE WILL BUY YOUR VISA/MASTERCARD CLAIM IMMEDIATELY

Payment Card Interchange Fee and Merchant Discount Class Action Settlement


GET YOUR PART OF THE $5.54 BILLION FUND

Eligible Merchants will receive a minimum of $500 to $5,000. Contact us now.


GET YOUR SETTLEMENT NOW

After nearly two decades, Visa and Mastercard have finally settled their class
action lawsuit meaning that merchants affected by their overcharging will
finally be compensated. If you had a business accepting credit cards between
2004 and 2019, you may be compensated. However, the process is not done yet. The
courts need to determine who and how much will be paid. This process can add
years. The good news is that you can get the money owed to you now. Recover Visa
and Mastercard will buy your share of the claim and handle all the filings so
you will have funds immediately, all at no risk to you. We’ll calculate the
amount of your potential claim and pay you out. And, if more funds become
available as the process unfolds, we’ll collect those for you as well.


DID YOUR BUSINESS ACCEPT VISA OR MASTERCARD­ CARDS?

» We will pay you immediately for your claim
» You must have accepted credit cards during January 1, 2004 and January 25,
2019
» Your business must accept credit cards currently
» Provide your processsing statments or proof of business
» Contact our claim settlement experts and file today to get your funds ASAP



GET STARTED NOW

Check your eligibility
Contact us
Provide your business documents
Sign agreement
Collect your claim


SUMMARY

Total Settlements Reached:
$5.54 Billion

Payment Acceptance Dates:
January 1, 2004 to January 25, 2019

Filing Deadline:
May 25, 2024


WHAT ARE THE REQUIREMENTS TO GET MY CLAIM QUICKLY?


You accepted Visa & Mastercard between January 1, 2004 & January 25, 2019


Are you currently accepting credit cards?


Contact us as we'll buy your settlement outright

Who is eligible for the claim?

All persons, businesses, and other entities that accepted any Visa-or
Mastercard-branded Cards in the United States at any time from January 7, 2004
to January 25, 2019. Excluded from this Class are (a) the Dismissed Plaintiffs,
(b) the United States government, (c) the named Defendants or their directors,
officers, or members of their families, and (d) financial institutions that have
issued Visa-or Mastercard-branded Cards or acquired Visa-or Mastercard-branded
Card transactions at any time from January 1, 2004 to January 25, 2019.

What is the relevant case history?

In 2005, merchants filed several class action lawsuits alleging that, because
Visa, Mastercard and certain U.S. financial institutions fixed fees for
processing credit and debit card payments and prohibited merchants from steering
their customers toward the use of lower-cost payment instruments, merchants paid
higher interchange fees. A settlement reached in 2012 was vacated. At the time
that it was reached, the Superseding Settlement provided a settlement fund of as
much as $6.24 billion but not less than approximately $5.54 billion depending on
several factors. By Order entered December 13, 2019, as further explained in its
December 76, 2019 Memorandum & Order, the district court granted final approval
to the Superseding Settlement, the settlement fund for which is estimated to be
approximately $5.54 billion after reductions for the full $700 million permitted
due to exclusions, subject to further reduction for Court-approved attorneys'
fees in the amount of $523.3 million and expenses in the amount of $39.2
million, Court-approved incentive awards to class representatives in amounts to
be determined, and the costs of noticing class members and administering the
Superseding Settlement. All appeals of the district court's final approval of
the Superseding Settlement have been resolved; that approval is now final. In
September 2023, the district court approved the form of the proof of claim and
the proposed claims-filing period, which commenced on December l, 2023 and will
run through May 2024. After the claims process is completed, the Net Settlement
Fund will be distributed to approved claimants.

How do I apply to get paid immediately for my claim?

In 2005, merchants filed several class action lawsuits alleging that, because
Visa, Mastercard and certain U.S. financial institutions fixed fees for
processing credit and debit card payments and prohibited merchants from steering
their customers toward the use of lower-cost payment instruments, merchants paid
higher interchange fees. A settlement reached in 2012 was vacated. At the time
that it was reached, the Superseding Settlement provided a settlement fund of as
much as $6.24 billion but not less than approximately $5.54 billion depending on
several factors. By Order entered December 13, 2019, as further explained in its
December 7, 2019 Memorandum & Order, the district court granted final approval
to the Superseding Settlement, the settlement fund for which is estimated to be
approximately $5.54 billion after reductions for the full $700 million permitted
due to exclusions, subject to further reduction for Court-approved attorneys'
fees in the amount of $523.3 million and expenses in the amount of $39.2
million, Court-approved incentive awards to class representatives in amounts to
be determined, and the costs of noticing class members and administering the
Superseding Settlement. All appeals of the district court's final approval of
the Superseding Settlement have been resolved; that approval is now final. In
September 2023, the district court approved the form of the proof of claim and
the proposed claims-filing period, which commenced on December l, 2023 and will
run through May 2024. After the claims process is completed, the Net Settlement
Fund will be distributed to approved claimants.

You can receive your payment immediately when you allow Recover Visa and
Mastercard to buy your settlement and handle your case.


Our Payment Partner, TouchSuite will process your credit card payments at your
current rates during the filing and settlement process


FILL OUT THE FORM BELOW AND A CLAIMS EXPERT WILL GET BACK TO YOU SHORTLY





YOU CAN RECEIVE YOUR PAYMENT IMMEDIATELY WHEN YOU ALLOW RECOVER VISA AND
MASTERCARD TO BUY YOUR CLAIM AND HANDLE YOUR CASE

Payment Card Settlement 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.  Class
members may visit the Court-approved website: www.paymentcardsettlement.com for
additional information.

 

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