In the News Visa and Mastercard sign $7 billion settlement for affiliated merchants
ANY merchant who accepted a Visa or MasterCard payment between January 1, 2004 and November 28, 2012 is entitled to part of this $7 billion settlement.
You may have heard about the recent Visa/MasterCard class action settlement (In re: Payment Card Interchange Fee and Merchant Discount Antitrust Litigation) but you are unaware of some of the specifics. National Payment Corporation is now here to help!
Visa and MasterCard recently settled a class action case (In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation) regarding the fees and rules involved with credit card interchange. If you are a merchant who accepted Visa or MasterCard between January 1, 2004 and November 28, 2012, you are part of a $7 billion settlement.
National Payment Corporation values you as a customer and we recognize that you work hard for your money. As your trusted service provider, we have researched solutions and have decided to partner with Brownstone Recovery (www.brownstonerecovery.com). They have extensive expertise in both class action and interchange fees. They have a simplified filing process for a small fee that is a percentage of any funds recovered. There is no up-front cost. We wish to remind you that you can file on your own and assistance is available at www.paymentcardsettlement.com.
If you have any questions about this settlement, or to see if you are potentially eligible to claim your part of the $7 Billion settlement from Visa and Mastercard, contact Brownstone Recovery at 800-455-4577 or call National Payment Corporation directly at 800-455-4577.
A claim form is not yet available. Class members are not required to sign up for a third-party service like Brownstone Recovery in order to participate in any momentary relief, and “no-cost assistance” is available from the Class Administrator and Class Counsel. You can file yourself by going to www.paymentcardsettlement.com or by calling 877-202-2454.