Tuesday, January 23, 2024


Visa / MasterCard Interchange Fee Settlement Recovery.

The lawsuit is about claims that merchants paid excessive fees to accept Visa and Mastercard cards because Visa and Mastercard, individually, and together with their respective member banks, violated the antitrust laws.

The settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-Branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004 to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Plaintiffs, (b) the United States government, (c) the named Defendants in this Action or their directors, officers, or members of their families, or (d) financial institutions that have issued Visa-Branded Cards or Mastercard-Branded Cards or acquired Visa-Branded Card transactions or Mastercard- Branded Card transactions at any time from January 1, 2004 to January 25, 2019. The Dismissed Plaintiffs are plaintiffs that previously settled and dismissed their own lawsuit against a Defendant, and entities related to those plaintiffs. If you are uncertain about whether you may be a Dismissed Plaintiff, you should call 1-800-625-6440 or view the list of Dismissed Plaintiffs for more information.

The Notice has important information for merchants that accepted Visa and Mastercard from January 1, 2004 through January 25, 2019. It explains the settlement in a class action lawsuit. It also explains your rights and options in this case. The court also issued a “Notice of Exclusion” to the Dismissed Plaintiffs and an additional notice to those merchants explaining their right to file claims.

Click Here to Submit a Claim


Need for information? Please give us a call! 

954-938-2420


Merchant Processing Solutions Inc.


Monday, January 8, 2024

Start 2024 with No Merchant Fees!

 Merchants no longer have to carry the burden of their customer's credit card fees! Here why and how! 


MERCHANT BENEFITS: 
  • Merchants have been paying the credit card fees to entice customers to pay now and pay later! 
  • Merchants get their credit card fees with 24-48 hours with credit cards helping the revenue flow of the business. 
  • Merchant are able to sell immediately higher prices product and services when the customer have a credit card with the available. 
CUSTOMER BENEFITS: 
  • Customers can purchase more, higher priced products and services without needing cash. 
  • Customers can pay off their purchases when they want to but enjoy the purchase immediately! 
  • Customers have 180 days from the date of purchase on the receipt to do a CHARGEBACK! 
  • Customers have protection against FRAUD on their credit cards. 
  • Customers can track their credit card purchases for taxes. 
  • Customers can receive REWARDS/POINTS/CASH BACK from their credit cards to enjoy for a multitude of activities and products! 
  • Most credit cards offer some time of warrantee/guarantee with the purchase.
  • Credit Cards, different from Pin-Debt Cards, protect the customer from potential hacking into outside vendor accounts and gaining access into the customer's 
It is legal in ALL 50 States to offer the Cash Discount Program promoting the acceptance of CASH by the merchant which lowers the cost of purchase to the customer! However, there is NO DISCOUNT for customers who want to pay with their credit cards and reap all the benefits given them by their credit card company! 

Want to know more on how your business can saves thousands of dollars a year? 

Call Merchant Processing Solutions Inc. 
954-938-2420