How Do I File a Claim for the Visa/MasterCard Settlement?
How Do I File a Claim for the Visa/MasterCard Settlement? If you are a business owner who accepted Visa and MasterCard payments between 2004 and 2019, you may be eligible to file a claim as part of a $5.6 billion antitrust class-action settlement. This settlement, finalized after years of litigation, compensates businesses for the alleged overcharging of credit card fees due to anti-competitive practices. Filing a claim is a straightforward process, but it is essential to act quickly since the deadline to file is February 4, 2025. Here's a comprehensive guide to help you navigate the process and ensure you receive the compensation you deserve. Step 1: Determine Your Eligibility Before you begin the claim process, verify that your business qualifies for compensation. To be eligible: You must have accepted Visa or MasterCard payments between January 1, 2004, and January 25, 2019. Your business does not need to still be operational as long as it processed payments during t...