Payment Card Interchange Fee Settlement

AboutIf your business accepted Visa and/or Mastercard between 2004 - 2019, you're now eligible to claim your share of a $5.5 billion Settlement.

At Processing Settlement, we are dedicated to helping businesses navigate the complex legal landscape and secure their rightful compensation from the recent $6.24 billion Visa and Mastercard settlement. Our experienced team is here to streamline the process for you, ensuring you receive the maximum possible payout with minimal hassle

AboutHelping you gain cash back for your business
in 2 minutes or less
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Authorized Individual

AboutPayment Card Interchange
Fee Settlement

Official Court Authorized Class Action Settlement

Our Legal Teams Maximizes Your Claim in the Settlement

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.

We only specialize in maximizing your claim in the settlement. You won’t find us preparing income taxes, compiling financial statements, or providing attestation services of any kind. Simply ensuring all the paperwork is handled on your behalf so you can receive the most back.

When you engage us, rest assured that you’ve hired the best CPA Firm to lock in this one-time opportunity for a large class action settlement.

What is the lawsuit about?

The lawsuit addresses claims that merchants paid excessive fees to accept Visa and Mastercard cards because these companies, along with their member banks, violated antitrust laws.

Who is eligible to file a claim?

Any U.S. business or entity that accepted Visa or Mastercard branded cards from January 1, 2004, to January 25, 2019, is eligible to file a claim, with some exceptions such as the U.S. government and financial institutions that issued these cards.

How can I file a claim?

You can file a claim by filling out our form or by contacting us for assistance. The deadline to submit claims is August 30, 2024.

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AboutOver 25+ Years Experience
in Corporate Business

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We maximize your results

We work with companies in a wide variety of industries, including Restaurants, Retail, Health Care, Industrial, Start-Ups, & many more.  Our teams specialize in fulfilling the class actions placed again Mastercard and Visa – and are currently seeing a 100% success rate in qualified clients, with an average refund of over $450,000 per client!

(Amount may vary based on the number of transactions)  

Why Choose Us?

EXPERTSNo obligation or risk

100% Performance Based Fee:  You only pay for our services when we are successful in getting your business a refund! 

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Customer Reviews

Reviews From Best Clients

Processing Settlement made the entire process effortless. Their expertise and dedication ensured we received our settlement quickly and without any hassle.

Jordan Wood
Restaurant Supplier

I am shocked how quickly I was able to recover funds. The team over at Processing Settlement was incredibly helpful and professional. I highly recommend their services to any business affected by the Visa and Mastercard settlement.

Mike Hotten
Fast Food Franchise Owner
Our Process

FAQHow it works

All forms and documents can be conveniently signed and submitted electronicallyvia DocuSign, ensuring a seamless experience

Step 1

Initial Consultation: Contact us to discuss your eligibility and the details of your claim

Step 2

Documentation: Fill out the required forms and provide any necessary transaction data

Step 3

Submission: We will file your claim with the settlement administrator on your behalf.

Step 4

Review and Approval: The administrator reviews your claim, and upon approval, you receive your settlement.

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AboutMeet the Team

Rick Lombardo

Mr. Lombardo’s practice has included representing both individuals and companies in litigation including business litigation, construction litigation, mass torts, products liability, medical malpractice, and personal injury. He has represented institutional clients in substantial complex matters including, among others, lawsuits against “big four” accounting firms and international investment banking firms. From 2001 to 2012, he was co-lead counsel for the Honorable Albert Riederer, Special Deputy Receiver for General American Mutual Holding Company (parent of General American Life) and its 325,000 policy holders. During that time, Mr. Lombardo and his team were successful in recovering over $250 million on behalf of the Receivership and the policy holders of General American, including settlements of $95 million and $100 million against international investment banks. Mr. Lombardo has also been appointed as class counsel in national consumer class actions and national antitrust class actions.

  • Business
  • Construction
  • Mass Torts
  • Products Liability
  • Medical Malpractice
  • Missouri
  • Kansas
  • U.S. District Court, Western District of Missouri
  • U.S. District Court, Eastern District of Missouri
  • U.S. District Court, District of Kansas
  • U.S. Court of Appeals, Eighth Circuit
  • U.S. Court of Appeals, Tenth Circuit
  • Trial assistant for the Jackson County Prosecutor’s office during which time he tried numerous criminal cases ranging from burglaries and robberies to homicides (1981-1984)
  • Linde Thompson Fairchild Langworthy Kohn & VanDyke where he became a partner in 1987 (1984-1991)
  • Partner at the firm of McDowell Rice & Smith from 1991-1994
  • University of Missouri at Kansas City, J.D., 1981
  • University of Kansas, B.A., 1978
  • Tulane University
  • Inducted as a Fellow in the International Academy of Trial Lawyers in 2017
  • Inducted as a Fellow of the American College of Trial Lawyers in 2008
  • STAR: A Systematic Approach to Mediation Strategies – 2017: Completed 18 hours of training at the Straus Institute for Dispute Resolution at Pepperdine University School of Law, one of the world’s leading educational programs in the field of dispute resolution.
  • Included in the 2020-2022 Editions of The Best Lawyers in America
  • Selected as a SuperLawyer by KC Magazine every year from 2005-2023
  • Named to 2020-2023 Missouri Lawyers Power 30 List
  • Regularly named in various Best of the Bar lists
  • Martindale-Hubbell AV Rating since 1994
  • American Bar Association
  • Missouri Bar Association
  • Kansas Bar Association
  • Kansas City Metropolitan Bar Association
  • Served on boards for various charities, clients and governmental agencies
  • Member of the building committee for St. Michael the Archangel Parish in Leawood, Kansas during which time a new church and school were constructed (1999-2012)
  • Served on the advisory board of Health Benefits Systems which was in the business of exploring cost effective alternatives to provide businesses with health insurance, including forming cooperatives to purchase insurance and creating physician networks in western Kansas.
  • Board member of the Midwest Innocence Project (2013-2016)
  • Appointed by Governor Nixon in 2015 as one of five Commissioners who regulate gambling in the state of Missouri. His term expired in 2018.
  • Mr. Lombardo and his wife Debra have two sons, Andrew, who is a 2017 graduate of Tulane University Law School and Alex, who is a 2017 graduate of Claremont McKenna College
  • Mr. Lombardo enjoys traveling, bicycling and snow skiing

Leland Shurin

In Mr. Shurin’s general trial and business practice, he has litigated and negotiated on behalf of small businesses, Fortune 500 companies and individuals in regards to mergers, acquisitions, leasing, contracts, franchising and employment related matters. Mr. Shurin has successfully tried, as first chair, jury and non-jury cases in numerous courts. He has appeared before the Eighth and Tenth Circuit Court of Appeals, the Missouri Court of Appeals and the Missouri Supreme Court.

Mr. Shurin has successfully mediated hundreds of cases. Many of those cases involved multiple parties with adverse interests. As a mediator, Mr. Shurin has had a broad range of assignments, including cases involving: professional fees; employment-related disputes; insurance, construction and commercial disputes (including family succession of businesses, shareholder disputes, and numerous breach of contract claims); bodily injury and wrongful death claims. Amounts in dispute have ranged from a few thousand dollars to hundreds of millions of dollars.

Mr. Shurin has served as chair of three-person arbitration panels as well as sole arbitrator in hundreds of arbitrations that have gone to hearing and Award. He has served as the arbitrator in disputes involving: design professionals/clients, advertising agencies/clients, and attorney/clients; contractor/subcontractor/owner disputes; technology disputes; financial institution liability issues; property damage disputes involving homeowner’s or commercial insurance claims; claims involving securities and dealer representatives; employment related claims; franchisor/multiple franchisee contract issues and other commercial and bodily injury claims. Size of claims have ranged from a few thousand dollars to multi-million dollars.

  • Mediation
  • Arbitration
  • Special Master
  • Business and Commercial
  • Construction
  • Negligence
  • Employment
  •  
  • Missouri
  • Kansas
  • Arizona
  • U.S. District Court, Western District of Missouri
  • U.S. District Court, District of Kansas
  • U.S. Court of Appeals, Eighth Circuit
  • U.S. Court of Appeals, Tenth Circuit
  •  
  • Currently Of Counsel with offices in Kansas City, MO and Phoenix, AZ
  • Shaffer Lombardo Shurin, P.C., Shareholder/Director, 1996-2016
  • McDowell Rice & Smith, 1989-95, Shareholder/Executive Committee
  • Horowitz, Shurin & Johl, P.C., 1968-89, Shareholder/Director
  • Jackson County, Missouri, 1969-73, Assistant Counselor/Land Tax Attorney
  •  
  • University of Missouri at Kansas City, J.D., 1968
  • University of Missouri at Columbia, B.A., 1965 (Economics Major)
  •  
  • Nominated by President Clinton to be a Judge of the U.S. District Court, Western District of Missouri; nomination withdrawn at Mr. Shurin’s request due to delays in the nomination/confirmation process
  • Named to 2021-2022 The Best Lawyers in America©
  • Named to 2020-2023 Missouri Lawyers Power 30 List
  • Super Lawyer, 2009-2023
  • Ingram’s Business Magazine – named as one of Kansas City’s best commercial litigation attorneys 2011-2016
  • Reviewer in the Prudential Remediation Plan Appeals Committee
  • Appointed by the Cole County Circuit Court as Special Deputy Liquidator of the General American Mutual Holding Company
  • Multiple judgments/settlements on behalf of clients of a million dollars or more
  • Represented Minnesota Twins baseball club in negotiations with Kirby Puckett when Mr. Puckett lost the sight on one eye due to glaucoma
  • Counsel for BB King’s 70th birthday weekend celebration in Memphis, TN; the weekend included music from 30 different groups and singers including Bonnie Raitt, Keb’ Mo’, Sting and Tony Bennett
  • Represented numerous individuals in negotiating employment terms as CEO, CFO, COO and/or President of large companies, including Fortune 500 companies
  • Attorney for Jackson County Transition Commission, changing county government from three person governing board with numerous elected positions to separate executive and legislative branches with appointed administrative positions
  •  
  • Keynote speaker at Governor’s dinner for 35 judges in MO appointed by Governor, May 2016
  • “Drafting Effective Arbitration Clauses,” AAA Seminar, March 2004
  • “Negotiating Contracts with Sports and Entertainment Personalities,” April 2005, Sports and Entertainment Law Class, UMKC Law School
  • “ADR, Advantages and Disadvantages,” ROMEO Meeting, January 2017
  • “Annual Employment Law Update,” for large Kansas City-based client, 1996-2008
  • “Special Masters – Authority and Procedure,” MO Bar CLE, 2018
  • Missouri Bar Association
  • Kansas Bar Association
  • Kansas City Bar Association
  • Arizona Bar Association
  • American Bar Association (Litigation Section; Alternative Dispute Resolution Section)
  • Distinguished Fellow, International Academy of Mediators
  • National Academy of Distinguished Neutrals
  •  
  • Chairman of the Missouri Gaming Commission, 2015
  • Member of the Board of Police Commissioners of Kansas City, Missouri, July 2015-2019; served as President 1/2017-4/2018
  • Chairman of the Board of Allen Village School 1999-2002
  •  
  • Mr. Shurin and his wife, Jill, enjoy domestic and international travel
  • Reads biographies, world and American history and mysteries
  • Collects American political campaign buttons and is a member of the American Political Items Collector Organization
  •  

Frequently Asked Questions

The settlement addresses claims that merchants paid excessive fees to accept Visa and 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

Any U.S. business or entity that accepted Visa or 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 Visa or Mastercard transactions during that period.

The amount each merchant will receive depends on the total value of valid claims filed, the costs of class administration, applicable taxes, attorney fees, and other expenses approved by the court. The specific payout will be based on the
merchant’s actual or estimated interchange fees paid during the class period.

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.

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 Visa and Mastercard cards

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 Visa, Mastercard, or other defendants for claims related to this case and will be bound by the settlement’s terms.

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. 

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