Learn More About MCAG:
Q1 2024 Report
VMC Settlement Overview
12.20.23
Updates for the Visa Mastercard Class Action Settlement
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$5.54B settlement has been reached to compensate merchants for excessive interchange fees. Pre-populated claim forms are being sent to eligible merchants by the settlement administrator. Eligible entities are encouraged to thoroughly review the form and closely examine the information on the administrator's portal to ensure you receive the expected compensation.
What's Next? It may take time and resources to verify the details and calculations on your claim form against your records, as it's based on "defendant-supplied" data. To simplify this process, MCAG's experts will review the figures supplied by the administrator, as well as all other available data, ensuring you receive every dollar entitled to you under the settlement.
Click here to register with MCAG or contact their customer support at
info@mcaginc.com for assistance. Their experienced team will guide you through the process and help maximize your compensation. The deadline for submitting your claim form is May 31, 2024. For additional information, please reach out to Adam Scott, Senior Director of Field Engagement, at IHA at
ascott@ihaconnect.org.
Payment Card Settlement Disclaimer: Claim forms will begin to be delivered and available online in December. No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period. No one is required to sign up with any third-party service in order to participate in any monetary relief. For additional information regarding the status of the litigation, interested persons may visit http://www.paymentcardsettlement.com, the Court-approved website for this case.
