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 877-202-2454 or call National Payment Corporation directly at 800-455-4577.
Mandatory Disclaimer: The Second Circuit Court of Appeals reversed approval of the settlement and returned the case to the District Court on June 30, 2016. Litigation is ongoing. No claim forms are available at this time, and no claim-filing deadline exists. If another settlement is reached, no-cost assistance will be available from the Class Administrator and Class Counsel during any claims-filing period. No one is required to sign up with any third-party service in order to participate in any settlement. For additional information regarding the status of the litigation, interested persons may visit www.paymentcardsettlement.com, the Court-approved website for this case.