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$5.54 billion class settlement

Visa/Mastercard Settlement – Payment Card Interchange Fee and Merchant Discount Settlement

(In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, MDL No. 1720)

The Court granted the settlement final approval on December 13, 2019.

The Payment Card Interchange Fee and Merchant Discount Antitrust Litigation (“Settlement”) resolves that merchants paid excessive interchange fees when receiving payments through Visa and MasterCard during the period of January 1, 2004, to January 25, 2019.

Important settlement notes

Claim forms have not yet been made available
The claim submissions deadline has not been announced
Pre-registration –CFS advisors and our partner, Diversified Biz Solutions, can assist your business or organization in properly and seamlessly completing the claim process and meet all time deadlines and requirements.

Pre-registration process

Complete the CFS Advisor Pre-Registration Form below
Work with our Expert Partners, Diversified Biz Solutions
Claim your portion of the $5.54 billion Settlement

Additional Information on court’s decision and how Cost Reduction Advisors and Diversified Biz Solutions can assist

Overview of the lawsuit and settlement

The lawsuit was brought when merchants claimed Visa and Mastercard (defendants) conspired together in forcing them to pay excessive interchange fees when accepting payments with their cards. The Court’s ruled that a business, organization, etc., that accepted Visa or Mastercard as payment during any time between

January 1, 2004, and January 25, 2019, may be eligible to recover substantial funds from a trust that is to be established through the Court order. Neither the deadline to file a claim nor the Settlement Trust Claim Forms have not yet been announced or made available.
How CRA and Diversified Biz Solutions can help you recover your portion of $5.4 billion…

Work to identify if you are eligible and your potential portion of settlement funds

Gather all information necessary to be considered for settlement funds

Information may include: current and previous (closed businesses that operated during the designated time period 1/1/04 – 1/25/19) merchant IDs, business names, locations, and processor names

Assist in properly and accurately completing and submitting your claim form once the filing period opens and deadlines are announced.

Lead the process to ensure you recover the maximum amount available to your business, organization, etc.

Work with you when historical and vital information is missing to determine what the order allows and create an accurate estimate of funds that may be eligible for recovery.
Our Partner: why choose Diversified Biz Solutions?
No additional costs

Nothing could be easier!

We fill our bucket with money while you’re performing your normal duties.

We bring the bucket to you.

You decide if you want the money.

If yes, you take the money.

You give us back the bucket and some of the money.

We do it again, and again, and again…

Important links

Partner: Diversified Biz Solutions

Official Settlement Notice: Payment Card Interchange Fee Settlement
(official court-authorized settlement website)

CRA information flyer

The CRA information flyer is a convenient way to download, print out, and pass along all the information you need to begin the process of filing your claim.

Click to download the CRA information flyer

Our savings checklists include …

Credit Card Processing (work with the largest credit card processing broker in the US)
Telecomm
Utilities
Copiers / Printing
Waste Disposal
Hazardous Waste Disposal
Shredding
Safety Equipment
Air Conditioning
Sale of Excess Inventory
Accounts Payable
Taxes (for non-profits)
Healthcare Consumables
Food Service
Medical Equipment/Supplies
Medical Waste Disposal
Manufacturing
Business Coaching
Telephone Switch
Web Hosting/Design

Wireless Networks
Network Wiring
Cellular Service
IT Infrastructure
IT Services
Software – Custom/Enterprise
Trenching
Firewall & Security
Project Management
Office Moving
Leasing
Marketing
HVAC
Signs
Staffing
Green Initiatives
Boilers
Construction Site Cleanup
Cleaning/Janitorial
Financial Executives
Trucking/Shipping
Insurance/Benefits
Freight

Additional cost reduction services

Working with our partners at Diversified Biz Solutions, we can work with you to save thousands of dollars on your monthly expenses without any additional costs to you. We are only paid if we save your business money, so there is no extra cost to you.

Our partners at Diversified Biz Solutions can save you an average of 30% on most of your monthly expenses, backed up by a money-back guarantee. Your business can save an average of 30% on most of your monthly expenses, and we back it up with a money-back guarantee.

All services cost savings analysis

We will analyze your current bills, fees, and rates to summarize how you can save your hard-earned funds. By providing us with 3-months of your relevant bills to review, our expert professionals will create a cost-free, no-obligation quote on potential savings.

Employee retention credit refund

Diversified Biz Solutions is excited to help your business take advantage of a COVID relief program for businesses that most people don’t even know about and collect up to $26,000 per employee in the next 120 days or so. We have already helped our clients collect MILLIONS of dollars. It is essential to schedule an appointment for your business with one of our specialists because this money is paid out on a first-come, first-served basis.

Our experts will help you through the process to ensure your paperwork is filed correctly and you receive the maximum amount eligible for you. If there is even one small error on your application, it will be rejected, and your business will be disqualified from filing again.

We have found that many clients have lost significant amounts of money by having their accountants or payroll companies complete this process.Because accountants and payroll companies lack experience or knowledge of the specifics of the law and process for filing, many businesses miss out on the maximum amounts available for credit. That is why it is vital to have the CRS experts assist and get you the maximum payout available.