The Payment Card Settlement is a record-breaking, $5.5-billion antitrust class-action settlement that returns real money to millions of merchants, from retailers to restaurateurs, after 15 years of paying allegedly inflated Visa and Mastercard interchange fees. 

The claims period began on Dec. 1 and closes on May 31, 2024. 

Millions of Businesses are Eligible.

Businesses that accepted Visa and/or Mastercard between Jan. 1, 2004 and Jan. 25, 2019 can now claim their share of the court-approved settlement. Millions of businesses are eligible. Many micro businesses, family businesses, minority-owned businesses and even bankrupt or shuttered businesses can get relief for their overpayments that occurred any time during the 15-year class period by filing a claim.

Claim forms are being mailed now through early January to over 18 million businesses.

It’s Easy to Claim Your Share.

At $5.5 billion, this settlement is big. It’s real. And claiming your share is simple.

It can take as little as five minutes to submit online or by mail.

• The easiest and quickest method to submit your claim is scanning the unique QR code on your claim form.
• The QR code opens a personalized, secure page in the claims portal that is prefilled with your unique credentials.
• For most class members, where data is available, it will also prefill your interchange fees paid during the 15-year class period, to the extent data is available.
• No-cost assistance is available from the settlement administrator and Class Counsel by emailing [email protected] or calling 1-800-625-6440.

Each claim amount will be calculated based upon a percentage of the interchange fees your business paid during the Class Period as well as a variety of other factors, including the total number of valid claims received. Claim amounts will be calculated and processed following the close of the claims period. Businesses will need to be patient!

To receive a claim payment, a business must file a claim before the claim period ends.

Some class members will need to take additional steps and provide supporting data to show their share of eligible payment card transactions and / or interchange fees during the period.

If your business doesn’t receive a claim form by mid-January or can't find your claim form, contact the settlement administrator at [email protected] or 1-800-625-6440.