How To Recover

Alert: In a ruling made on Thursday June 30th by the Second District U.S. Court of Appeals in Manhattan, the previous approval of the Visa/MasterCard settlement has been reversed, and the district court’s certification of the class has been vacated.

Since the settlement may be revived, potentially with amended terms, you may still enroll in MCAG’s service. MCAG will honor all enrollments received to date and any received in the future. If the parties are able to move forward with a claims process, the timing of such process is unknown. MCAG will not have any guess as to when a claims process may occur until further updates are released by the court, and we will update enrolled clients accordingly.

How MCAG Can Help

As part of MCAG's "turn-key" operation for their services related to the Payment Card Interchange Fee Settlement, MCAG does all the data analysis, forms preparation, forms filing, and collection of recoveries.  MCAG has partnered with many of the top 50 payment card processors and acquirers.  If you process Visa/MasterCard transactions with one of MCAG's partners, then MCAG will work with your credit card processing company(ies) to build as much of your claim period transaction history as possible.

Even in the case where MCAG is not able to obtain your actual Visa/MasterCard transaction history data, MCAG will ensure that a proper claim is filed on behalf of your business/organization under the terms of the Settlement.

MCAG offers this comprehensive, settlement solution, on a contingent fee basis of the cash amount that is actually recovered under the settlement.  There is no upfront or hidden fee - if no money is recovered for the client, MCAG does not charge or retain a fee.

For information on submitting a claim on your own, see the FAQ on the "Settlement + FAQ" tab titled, "What if I want to submit a claim for the Settlement on my own?”.

Disclaimer: The Second Circuit Court of Appeals reversed approval of the settlement and returned the case to the District Court on June 30, 2016. Litigation is ongoing. No claim forms are available at this time, and no claim-filing deadline exists. If another settlement is reached, no-cost assistance will be available from the Class Administrator and Class Counsel during any claims-filing period. No one is required to sign up with any third-party service in order to participate in any settlement. For additional information regarding the status of the litigation, interested persons may visit, the Court-approved website for this case.