Historic $5.54 Billion Settlement for Visa and Mastercard Processing Fees
U.S. businesses that accepted Visa and Mastercard payments from 2004 to 2019 may now get relief from the high cost of past transactions through a $5.54 billion settlement. CardSettlement is offering expert assistance to help merchants recoup up to 1-1.5% of their total gross processing volume, with no upfront costs.
This news matters for business owners as it provides significant financial relief for businesses burdened by excessive fees, offering a chance to recoup a portion of the high costs they incurred from Visa and Mastercard's unfair business practices.
