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Credit Card Processing Fee Recovery

Recover Overcharges on Interchange Fees

Summary of Settlement

Result of class action lawsuits alleging that Visa and MasterCard fixed or inflated fees paid for processing credit and debit card payments (the interchange or "swipe" fees)

The class period is January 1, 2004 to November 28, 2012

Settlement includes:

  • Cash payments for past damages
  • Temporary reduction in interchange fees

Comprehensive Claims Filing Process

  • Opt-in
  • Data collection and reconciliation
  • Claim document preparation
  • Claim submission
  • Final Disbursement

Benefits

  • Operational Infrastructure to minimize cost of filing
  • Established legal relationships and experience
  • Advanced technology to identify recovery opportunities
  • Management of data to optimize claim
  • Manage and expedite claim valuation with Claim Administrator
  • Expedited monetization with options to sell claims prior to settlement disbursement

Recovery of up to 9 Years of Excess Fees