What is it about?
The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws.…[ Read more ] [ Hide ]
What is an Interchange Fee?
When a cardholder makes a purchase with a credit or debit card, there is an interchange fee attributable to those transactions, which is usually 1% to 2% of the purchase price. Interchange fees typically account for the greatest part of the fees paid by merchants for accepting Visa and MasterCard cards. Visa and MasterCard set interchange fee rates for different kinds of transactions and publish them on their websites, usually twice a year.…[ Read more ] [ Hide ]
Why Macmoor Capital?
Macmoor Capital is a Claims management firm with expertise in class action claims recovery. We’ve successfully helped our clients claim millions of dollars in refunds!…[ Read more ] [ Hide ]
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