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There is a new class action lawsuit in the works for Visa, Mastercard, and some banks for inflating the interchange fees. This class action is open to any merchant, individual or organization who accepted Visa and/or Mastercard between Jan. 1, 2004 and Jan. 25, 2019.
While there will be a fairness hearing that has been set for Nov. 7, 2019. There is also been a settlement website established for Class Members to get more information and pre-register to receive a claim form. PLEASE NOTE: – The form does ask for your Social Security number, We have never seen this before so fill out at your own risk or call the number on the form.
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