We are reaching out to inform you about an important proposed legal settlement that may entitle your organization to financial recovery if your business accepted Visa or Mastercard branded payment cards during the eligible class period.
Overview of the V/MC Interchange Fee Settlement
Visa and Mastercard, along with several major financial institutions, agreed to settlements resolving allegations that they improperly fixed or maintained interchange fees and imposed anti-competitive rules related to merchant payment card transactions.
Plaintiffs allege that merchants paid excessive interchange fees when accepting Visa and Mastercard payments. Defendants deny wrongdoing, and the settlement remains subject to final Court approval and claims administration procedures.
Who will be eligible?
Your organization may be eligible if it accepted Visa and/or Mastercard branded credit or debit card payments in the United States during the applicable settlement class periods.
Eligibility generally applies to businesses, merchants, retailers, restaurants, healthcare providers, service companies, and other organizations that processed card transactions during the covered years.
What is the benefit?
Eligible claimants may receive cash compensation from the settlement fund based on the volume and value of qualifying Visa and Mastercard transactions processed during the class period.
Settlement payments may vary significantly depending on transaction history, claims submitted, and Court-approved allocation methodologies.
How Macmoor Capital Can Help
Navigating antitrust settlements and payment processing documentation can be complex and time-consuming. Macmoor Capital provides end-to-end claims management assistance to maximize your recovery:
- Eligibility Assessment: We review your processing history and determine whether your organization qualifies.
- Documentation Collection: Our team assists with gathering merchant statements, processor reports, tax documentation, and related records.
- Claim Filing: We prepare and submit your claim in compliance with settlement requirements.
- Follow-Up: We monitor the claims process and communicate with settlement administrators regarding deficiencies or additional documentation.
- Recovery Optimization: Our experience with complex class action settlements helps maximize potential recovery amounts.
Act Now!
Businesses should begin locating merchant account statements, payment processor records, tax documents, and transaction histories as soon as possible. Delays in gathering documentation may impact claim preparation and recovery opportunities.
Let Macmoor Capital guide you through the claims process and help secure the compensation your organization may be entitled to receive.
Our Services
Macmoor Capital focuses on making sure to maximize every client's claim. Every year, thousands of businesses fail to recover damages incurred because they neglect to file class action claims to receive their share of multi-million and multi-billion dollar class action lawsuit settlements.
