We are reaching out to inform you about an important legal settlement that may entitle your organization to financial recovery if your business accepted Visa Debit and/or Discover Card transactions during the applicable class period.
Overview of the PaymentCard Agreement Settlement
Visa and Discover have agreed to settlements resolving allegations related to interchange fees, merchant acceptance rules, and certain payment card network practices affecting businesses that accepted card payments in the United States.
Plaintiffs allege that merchants paid excessive fees and were subject to anti-competitive network rules tied to Visa Debit and Discover Card transactions. Defendants deny wrongdoing, and the settlement remains subject to Court approval and claims administration procedures.
Who will be eligible?
Your organization may be eligible if it accepted:
- Visa Debit cards
- Discover Card payments
during the covered settlement period in the United States.
Eligible entities may include retailers, restaurants, healthcare providers, e-commerce businesses, service companies, hospitality groups, and other merchants that processed qualifying card transactions.
What is the benefit?
Eligible claimants may receive cash compensation based on the volume and value of qualifying Visa Debit and Discover transactions processed during the applicable class period.
Settlement payments will vary depending on transaction history, supporting documentation, approved claims, and Court-approved allocation methodologies.
How Macmoor Capital Can Help
Navigating payment card settlements and claims documentation can be complex and time-consuming. Macmoor Capital provides comprehensive claims management services to maximize your recovery:
- Eligibility Assessment: We review your organization’s merchant processing history to determine eligibility.
- Documentation Collection: Our team assists with gathering processor statements, merchant account records, tax documentation, and transaction histories.
- Claim Filing: We prepare and submit your claim according to settlement requirements.
- Follow-Up: We communicate with settlement administrators regarding claim status, deficiencies, or additional documentation requests.
- Recovery Optimization: Our expertise helps ensure your organization receives the maximum potential recovery.
Act Now!
Businesses should begin gathering merchant statements, processing records, tax documentation, and historical transaction data as soon as possible. Delays in locating records may impact the ability to maximize recovery.
Let Macmoor Capital guide your organization through the claims process and help secure the compensation you 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.
