´╗┐Visa and Mastercard Owe Up To 6 Billion Dollars In A Class Action Settlement

Brownstone Recovery Group can assist you in getting your money back.

Why choose Brownstone Recovery

Expertise: As opposed to many of our competitors, our expertise is focused on this specific topic. We understand the moving parts, monitor the legal proceedings, handle potential unexpected changes, and understand the claim filing processes.

Experience: Brownstone Recovery experts have decades of experience in settlement recovery, with special expertise in cases involving payment and interchange.

Transparency: We are with you every step of the way and provide updates on the settlement as it progresses. From start to finish, we keep you informed of the status of your claim.


In 2005, a group of Merchants got together and claimed that card associations (primarily Visa and Mastercard) set interchange fees and rules governing payment card acceptance in ways that amounted to illegal price fixing.

The card associations and card-issuing banks countered that the fee structures are reasonable.

Before the case was fully litigated, both sides reached a negotiated settlement. While this settlement was initially approved, it was subsequently appealed and but eventually rejected in 2016.

Three Reasons To Go With Brownstone Recovery

Experience:

Brownstone Recovery experts have decades of experience in settlement recovery, with special expertise in cases involving payment and interchange. Brownstone Recovery staff has worked on other card payment cases, including a previous case involving Visa and Mastercard. We know how to mitigate the changes that may come up in cases like this.

Expertise

Our expertise is focused on this specific topic. We understand the moving parts, monitor the legal proceedings, handle potential unexpected changes, and understand the claim filing processes.

Transparency:

We are with you every step of the way and provide updates on the settlement as it progresses. We help you with your claim, we notify you of important milestones in the process, we tell you what the Claims Administrator is offering, and we work with you to appeal a settlement offer if necessary. From start to finish, we keep you informed of the status of your claim.

Most importantly, we help you understand your options

What We Do For You

Once a merchant fills out our simple registration form, they will receive a Welcome Kit that includes a contract from Brownstone Recovery stating that they agree to have us represent them. As part of retaining Brownstone Recovery, we will:
  • Register merchants with the Claims Administrator and file a claim on their behalf
  • Follow up with merchants if additional information is needed
  • Track the settlement process and keep everyone informed
  • Notify merchants of the status of their claims
  • Safely and securely handle all business information

There is no risk when merchants register with Brownstone Recovery, because Brownstone Recovery does not charge up-front fees for our services. When merchants receive their settlement payments from the Claims Administrator, we simply deduct a service fee of 30% from their settlement.

If you would like to speak with a Brownstone Recovery representative, click the link below.

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