Class Action Settlements Available

Payment Card Interchange Fee Class Action Settlement

This settlement resolves allegations that VISA, MasterCard and their issuing banks violated the law by charging excessive interchange fees to merchants and then enforced rules that prohibited them from accepting other forms of payment.  The settlement fund is approximately $5.54 billion and the deadline to file a claim is May 31, 2024.  All merchants who accepted VISA and/ or MasterCard credit or debit cards as a form of payment between January 1, 2004 – January 25, 2019, are likely eligible. 

Claim forms became available online beginning December 1, 2023.  Claimants do not need to sign up with a third-party to participate in monetary relief; class members may visit www.paymentcardsettlement.com, the court-approved website for the case.

Class Action Capital, a market leader in class action settlement claim management, is now offering their value add services to CHLA members. They are already successfully working with CHLA, helping to recover $1.9 million dollars for CHLA members in a recent Class Action Settlement. There are more opportunities to come in future cases.