VISA/MC CLASS ACTION SETTLEMENT
Great News! TRI has teamed with Brownstone Recovery to help merchants understand and participate in the Payment Card Interchange Fee Settlement
What Is This All About?
A court case was settled between a group of merchants and Visa, MasterCard and issuing banks related to fees and rules
regarding rising interchange fees. On December 13th, 2019, Judge Brodie of the U.S.District Court in Brooklyn, NY granted
final approval of the Payment Card Interchange Fee Settlement. As a merchant who accepted Visa or MasterCard at any
time from January 1, 2004 to January 25, 2019 you are eligible to be part of a $5 billion+ payout.
What Are Your Options?
Option 1: Do nothing and DO NOT receive your share of the settlement. If you want to participate, you must take action in
this class action to receive compensation.
Option 2: File your own claim by working with the official settlement administrator. For more information and no cost assistance you can visit paymentcardsettlement.com. Claim forms are not yet available.
Option 3: Retain Brownstone Recovery to work on your behalf and help you recover your share of the settlement. Brownstone
Recovery’s areas of expertise are interchange fees and class action settlements. There is no up-front cost to use Brownstone Recovery. Their fee is 25% of any funds recovered. They will focus on your claim while you focus on your business. To retain Brownstone Recovery, complete their contract form below.
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 monetary relief, and “no-cost” assistance is available from the Class Administrator and Class Counsel. You can file yourself by going to paymentcardsettlement.com or by calling 1-800-625-6440.
Brownstone Recovery Contract
Fill and submit form if you would like to retain Brownstone Recovery ( As described in option 3 above )