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Court

Claim Your
Share 
of the
$5.54 Billion Visa/Mastercard Settlement

Did your U.S. business process Visa or Mastercard payments between January 1, 2004, and January 25, 2019?

You ARE eligible to file a claim and receive compensation.

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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.

The Settlement​

Contact us now for a Free Consultation to see if your business is eligible

Did your business accept Visa or Mastercard payments at any time between 2004-2019?
Yes
No
Entity Type
Signor Title

$5.54 Billion

Total amount awarded to the judgement

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2005

Litigation began in 2005

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February 4, 2025

February 4th 2025 is the final deadline to file

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.

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While you may choose to navigate the claims process yourself, with the deadline fast approaching Gurian Law has the legal expertise and bandwidth to prepare and file your claims as well as help you through any deficiencies or conflicts which may arise. 

Is your business eligible?​

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Who is Eligible to Claim

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The class includes all entities that accepted

Visa or Mastercard cards in the United States from January 1, 2004 to January 25, 2019

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Certain parties are excluded from qualifying for the Visa/Mastercard settlement.

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These typically include:

The U.S. Government

Federal and state government entities are not eligible.

Visa and Mastercard

The companies themselves and their affiliates are excluded.

Financial Institutions

Banks and other financial institutions that issued or acquired Visa and Mastercard transactions are not eligible.

Publicly traded companies

How To Submit

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How To Submit Your Claim for the Settlement

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To start the process for claiming your portion of the Visa Mastercard settlement, please complete the intake form. Ensure that the legal name of your business entity is accurately entered, as this information will appear on all documents.

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Disclaimer: Please note that your taxpayer identification number (TIN) will be requested on the initial intake form because it will be required later in the Authority to Represent document. Additionally, ensure that the person signing the documents has the appropriate signing authority for the business. Junior titles may cause delays and necessitate re-signing of documents.

      Complete the Intake Form

Make sure to enter the legal name of your business entity and check the spelling carefully, as this information will appear on all documents.

        Sign Documents

Our unique system allows you to immediately sign the documents once the intake form has been completed. You will also receive a link to the pdf to your email.

      Case Submission/Review

Once your documents have been signed, they will be submitted. You will receive email updates on the status of your claim.​

       Check Status

You can easily check the status of your claim by entering your Tax Id here: Status Checker

Frequently asked questions

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Can't find the answer you're looking for?
Reach out to us now. (877) 3-GURIAN.

Who can file a claim? If your business accepted Visa or Mastercard credit or debit cards in the U.S. from January 1, 2004, to January 25, 2019, you might qualify to receive compensation. File a claim now to see if you qualify.

What is the Visa and Mastercard Settlement? The Visa and Mastercard settlement is an agreement to address claims that these companies engaged in unfair practices with debit & credit card transactions, like setting high fees and limiting competition. The goal of the settlement is to offer compensation to merchants who were affected by these practices.

How do I file a claim? Fill out the form on our website, and within 3-5 weeks you will receive an email with your potential claim amount.

Where can I find the court documents? All legal documents are located here. The official settlement site can be found here: https://www.paymentcardsettlement.com/en

How will your claim amount be determined? The amount of your business award will be determined based on several factors, including the volume of Visa and Mastercard transactions your business processed during the eligible period and the specific details of the settlement. The more transactions you had, the higher your potential award might be.

How much money will I get? The amount paid from the settlement fund will be based on your actual or estimated interchange fees attributable to Visa and Mastercard card transactions (between you and your customers) from January 1, 2004, through January 25, 2019. The amount of money each Authorized Claimant will receive from the settlement fund depends on the money available to pay all claims, the total dollar value of all valid claims filed, the cost of class administration and notice, applicable taxes on the settlement fund and any other related tax expenses, attorneys' fees and expenses, and money awards to the Rule 23(b)(3) Class Plaintiffs for their representation of merchants in MDL 1720, which culminated in the Class Settlement Agreement, all as approved by the Court.

When will I get paid? No payments are expected to be made until after the end of the Claims Period on February 4, 2025. Because the pro rata cannot be determined until all Claims are filed and reviewed and until the Court approves the final amounts, we do not yet know when payments will be made. Please be patient.

What is the deadline to file a claim? The deadline to file a claim is February 4, 2025. File a claim now to see if you qualify.

Will my settlement amount be taxed? You should consult with a tax professional, as settlement payments may be considered taxable income.

How is the settlement fund being distributed? The funds are distributed based on the volume of transactions processed by each claimant and the number of claims filed.

What if I owned multiple businesses during the settlement period? You can file claims for each eligible business, but each claim must be filed separately.

Is this a scam? No, this is a legitimate settlement approved by the courts. See the court documents here and feel free to Contact Us with any questions.

What if I have more questions? If you have more questions, please contact us here.

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