How to claim a settlement from Visa/Mastercard

by | Dec 2, 2019

VISA/Mastercard Settlement to Merchants

On  December  13, 2019  the  Court  granted  final approval  to a  settlement  filed  on  September 18, 2018 in the amount of $5.54 billion. The lawsuit is about claims that merchants paid excessive fees  to accept Visa  and Mastercard cards because Visa  and Mastercard, individually, and together with their respective member banks, violated  the antitrust  laws.  On  January  3,  2020,  an  appeal  of  the  final  approval  order was filed with the court. At this time, it is unknown how long the appeals process will take.

Please refer to  the court approved website below for more information and status updates regarding the settlement.

Visit Here.

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