Official Court Authorized Class Action Settlement

\ Deadline To File Claim: August 30, 2024

Additional Resources

Frequently Asked Questions

What is the Mastercard settlement about?

The settlement addresses claims that merchants paid excessive fees to accept Mastercard cards because these companies, along with their member banks, violated antitrust laws. The settlement amount ranges from $5.54 billion to $6.24 billion, and it compensates merchants for the excessive fees paid from January 1, 2004, to January 25, 2019

Who is eligible to file a claim in the settlement?

Any U.S. business or entity that accepted Mastercard branded cards between January 1, 2004, and January 25, 2019, is eligible, except for dismissed plaintiffs, the U.S. government, named defendants, and financial institutions that issued or acquired Mastercard transactions during that period.

How much money can I expect to receive from the settlement?

Any U.S. business or entity that accepted Mastercard branded cards between January 1, 2004, and January 25, 2019, is eligible, except for dismissed plaintiffs, the U.S. government, named defendants, and financial institutions that issued or acquired Mastercard transactions during that period.

How do I file a claim?

To file a claim, you need to fill out our form which can be submitted electronically via the official settlement website, by email, or by returning a paper form. All claims must be submitted prior to August 30, 2024.

What are interchange fees?

Interchange fees are fees that merchants pay to their bank for processing
credit and debit card transactions. These fees typically range from 1% to 2% of the transaction amount and are the largest component of the fees merchants pay for accepting Mastercard cards

What happens if I do nothing?

If you do not file a claim, you will not receive any money from the settlement. Additionally, you will give up your rights to sue Mastercard, or other defendants for claims related to this case and will be bound by the settlement’s terms.

Can I object to the settlement?

Yes, if you did not exclude yourself from the settlement, you could have objected to the settlement by submitting a Statement of Objections to the court by July 23, 2019. The court will consider any objections before final approval of the settlement.