{"id":5290,"date":"2019-07-24T09:16:06","date_gmt":"2019-07-24T14:16:06","guid":{"rendered":"https:\/\/3dmerchant.com\/blog\/?p=5290"},"modified":"2021-12-03T03:25:48","modified_gmt":"2021-12-03T08:25:48","slug":"mastercard-visa-class-action-suit-update-2019","status":"publish","type":"post","link":"https:\/\/3dmerchant.com\/blog\/merchant-processing-industry-news\/mastercard-visa-class-action-suit-update-2019","title":{"rendered":"MasterCard and Visa Class Action Suit Update 2019"},"content":{"rendered":"\n<p>The U.S. District Court in the Eastern District of New York has preliminarily approved a proposed settlement of between $5.54 Billion and $6.24 Billion in a class action lawsuit against Mastercard, Visa and member banks. Millions of merchants were sent direct mail solicitations from law firms in 2019, possibly creating confusion about how to process claims. <\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"906\" height=\"590\" src=\"https:\/\/3dmerchant.com\/blog\/wp-content\/uploads\/2019\/07\/payment-card-settlment.jpg\" alt=\"visa mastercar payment card settlment\" class=\"wp-image-5291\" srcset=\"https:\/\/3dmerchant.com\/blog\/wp-content\/uploads\/2019\/07\/payment-card-settlment.jpg 906w, https:\/\/3dmerchant.com\/blog\/wp-content\/uploads\/2019\/07\/payment-card-settlment-300x195.jpg 300w, https:\/\/3dmerchant.com\/blog\/wp-content\/uploads\/2019\/07\/payment-card-settlment-768x500.jpg 768w, https:\/\/3dmerchant.com\/blog\/wp-content\/uploads\/2019\/07\/payment-card-settlment-461x300.jpg 461w\" sizes=\"auto, (max-width: 906px) 100vw, 906px\" \/><figcaption>Official court notification sample and official settlement web site. <\/figcaption><\/figure>\n\n\n\n<p>The final approval hearing is November 9, 2019 and if nothing changes, merchants will be able to file their claim through a simple process. Merchants will automatically be notified about the process; at this time, there is nothing to do.<\/p>\n\n\n\n<p>In the interim, if you have any questions, please visit the official settlement website www.paymentcardsettlement.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. District Court in the Eastern District of New York has preliminarily approved a proposed settlement of between $5.54 Billion and $6.24 Billion in a class action lawsuit against Mastercard, Visa and member banks. Millions of merchants were sent &hellip; <a href=\"https:\/\/3dmerchant.com\/blog\/merchant-processing-industry-news\/mastercard-visa-class-action-suit-update-2019\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-5290","post","type-post","status-publish","format-standard","hentry","category-merchant-processing-industry-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/posts\/5290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/comments?post=5290"}],"version-history":[{"count":1,"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/posts\/5290\/revisions"}],"predecessor-version":[{"id":5292,"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/posts\/5290\/revisions\/5292"}],"wp:attachment":[{"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/media?parent=5290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/categories?post=5290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/3dmerchant.com\/blog\/wp-json\/wp\/v2\/tags?post=5290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}