Visa/mastercard $5.54 billion Settlement

The $5.54 billion settlement is part of a long-standing class-action lawsuit against Visa and Mastercard. The lawsuit accused the credit card giants of imposing unfair fees on merchants, specifically swipe fees, which merchants have argued were excessively high and not transparent. 

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 and violated antitrust laws.

After years of legal battles and a previous settlement that was overturned on appeal, this $5.54 billion settlement is seen as a significant resolution.  So if you accepted Visa or Mastercard 2004 through 2019, then you are entitled to part of the $5.54 Billion Settlement fund. In order to get started on your claim, we will need you to submit your information on the link below. Your recovery amount will be provided in 7-10 business days.