WE AT DATA ONE would like to take the opportunity to reach out and share the recent class action settlement called the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL 1720 (MKB) (JO).
The lawsuit claimed that merchants paid excessive fees to accept Visa, Mastercard cards because Visa, Mastercard, individually, and together with their respective member banks, violated the antitrust laws.
On December 13th, 2019, the Court granted Final Approval to the Settlement of $5.54 billion!
Under the settlement, Visa, Mastercard, and the Bank Defendants have agreed to pay to merchants that accepted Visa or Mastercard credit or debit cards between January 1, 2004 and January 25th, 2019.
At Data One, we have a specialized team who will walk you through the entire claim process.
You do not have to be a current or former client of Data One to take advantage of this service and to get registered with the claims administrator.
Please visit this website: www.paymentcardsettlement.com to learn more or reach out to me via email or phone with any additional questions.
How to Get Started
To get started, simply fill out the attached application and return it to us via email or fax.
info @ dataonems.com