Visa-Mastercard Class Action Settlement 2025 – Eligibility & Payment Status Check

Visa-Mastercard Class Action Settlement 2025 You are a class member if you are an individual or entity that accepted any Visa-branded credit card or any MasterCard-branded credit or debit card from Jan. 2004 and Fee 22, 2019 and paid any merchant discount fee.

Many people in the U.S. who took Visa or Mastercard when customers paid for goods between 2004 and 2019 could be eligible for cash from the settlement of a legal case. This is because both companies had been accused of imposing overly high “swipe fees” on businesses. Finally, after years of legal process, a massive $5.54 billion settlement has been approved. Business owners, you might be able to get a bit of cashback. This is not a scam this is a legitimate class action lawsuit. Implications are significant so you better verify if your business qualifies. You may be able to file a claim simply by filling out a form online. Most small and large businesses are eligible, regardless of whether they are up and running.

Visa-Mastercard Class Action Settlement 2025

Few U.S. businesses that accepted Visa and Mastercard between January 1, 2004, and January 25, 2019, may be eligible to receive a share of money from a legal settlement. This class action argued that these firms were charging high fees for card transactions at merchants. Visa and Mastercard settled the case for more than $5 billion after years of litigation.

This pool of money will be divided among eligible businesses that file legitimate claims. You can also submit your claim on the official website. It doesn’t matter if your business is closed now if it accepted card payments during those months, you could still qualify. It won’t cost you a single dollar to file the claim. The process is safe and free, individuals must file his or her claim on or before 2025. Businesses need to take action to receive the money they are entitled to.

Visa-Mastercard Settlement Overview

Article onVisa-Mastercard Class Action Settlement 2025
CountryU.S.
Eligibility PeriodJanuary 1, 2004 – January 25, 2019
Eligible ApplicantsU.S. Businesses that accepted Visa/Mastercard payments
Settlement Amount$5.54 Billion
Claim Filing DeadlineExpected in 2025
CategoryGovernment Aid
Official Websitepaymentcardsettlement.com

Eligibility Criteria for Visa-Mastercard Class Action Settlement

You are part of this class action settlement if you own Visa or Mastercard credit cards between Jan. 2004 and Fee 22, 2019. You may be eligible if:

  • You were based in the U.S. and used to accept Visa or Mastercard card payments.·
  • Your business took these cards from January 1st, 2004 until January 25th, 2019.
  • You or the business is the authorized representative of the business.
  • You have established your business in the United States.
  • Whether your business is open or closed, has no impact.
  • You did not exclude yourself from the original class action lawsuit by July 23, 2019.·
  • If you are not sure, you can still submit a claim, the administrator will determine your eligibility.

How to Apply for Visa-Mastercard Class Action Settlement

Here are some simple steps to get your claim started:

  • Go to the official claim site which is paymentcardsettlement. com.
  • Click the File a Claim button.
  • Enter business details such as name, address, taxpayer ID, and years in business.
  • If you received a claimant ID and control number by mail, enter them on the claim form you received.
  • If you didn’t get a form, you can still file as a new claimant.

Everything To Know About Settlement

One of the largest merchant refund settlements in CLEAR channel history is the Visa-Mastercard Class Action Settlement. It was designed to give businesses some of the extra money that they had to pay because of high swipe fees. Swipe fees are the fees that banks and card companies charge merchants when a customer pays with a debit or credit card.

The merchants argued that Visa and Mastercard violated antitrust laws by signing exclusive contracts with banks, which then imposed high fees on merchants. The court considered this to be severe and the companies chose to settle instead of a lengthy trial.

This $5.54 billion settlement has now been approved by the court. This money will flow to businesses that accept card payments from 15 years’ worth of visa holders. It’s also possible you could get paid even if your business is no longer open.

Zantac litigation is easily and quickly filed and you don’t need to pay a lawyer to do it for you. Just head over to the official website and follow the prompts. If you have questions, the website also offers a customer service phone number.

FAQs

What is the settlement about?

This is a legal settlement in which Visa and Mastercard are paying back businesses that have been hit with high swipe fees from 2004 through 2019.

Who is eligible to participate in the settlement?

Any company in the United States that took Visa or Mastercard payments during the time frame in question is eligible to apply.

What is the claim filing deadline?

The deadline is believed to be 2025. Please consult the official website for the exact date.

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