Association News

$5.54 Billion Visa and Mastercard Settlement Claims Begin in Dec.

HASC and Managed Care Advisory Group (MCAG), an Endorsed Business Partner, are excited to share the most recent news about the Visa and Mastercard Interchange Fee Settlement. The judge has approved the proposed claim forms, which are expected to begin going out by mail in December 2023.

What Does This Mean for You?

This settlement is a historic opportunity — the available $5.54 billion represents the most significant antitrust class action settlement to date. Eligible class members can seek reimbursement for a portion of their interchange fees paid during the 15-year period from January 2004 to January 2019. HASC urges our members to consider using MCAG, a third-party filing expert, to work on your behalf in the Visa and Mastercard settlement and any future settlements for which you may qualify.

Benefits of Using MCAG’s Settlement Recovery Service

  • Eliminate the need to review settlement documents, track important dates, and deadlines.
  • Limit administrative burden. You are not required to gather or analyze data or submit claim forms.
  • Leverage MCAG’s access to relevant data to submit a comprehensive claim on your behalf.
  • Ensure claim form compliance. MCAG has many years of experience and its processes are consistently reviewed and validated by settlement administrators.

What Do You Need to Do?

If you’re already an MCAG client, you do not need to complete or submit any documents when the claim forms become available. MCAG will manage the entire process on your behalf.

In addition to the $5-billion-plus Visa and Mastercard Settlement, more than $150 million is currently available in other class action settlement funds. Register with MCAG now to ensure you can recover every available dollar from these opportunities.

Registering for MCAG’s service is easy: Click here to visit MCAG’s website for HASC members.

For any questions, contact Kimberly Johnson, vice president, business development, at [email protected].

Payment Card Settlement Disclaimer: Claim forms will begin to be delivered and available online in December. No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period. No one is required to sign up with any third-party service in order to participate in any monetary relief. For additional information regarding the status of the litigation, interested persons may visit www.paymentcardsettlement.com, the Court-approved website for this case.