SETTLE SMARTER WITH SAGEMONT

Sagemont Services: Your Trusted Partner in Visa/Mastercard Interchange Fee Settlement Recovery

At Sagemont Services, we believe that every business, no matter the size, deserves fair access to settlement amounts that are rightfully theirs. We stand as champions for businesses of all sizes, leveling the playing field and ensuring that your business receives every dollar it is entitled to without the up-front cost of pricey external advisors.

Get Started

VISA/MASTERCARD INTERCHANGE FEE

Key Settlement Information

Settlement Fund

$5.54 billion

Settlement Period

Jan 1, 2004 -

Jan 25, 2019

Claim Filing Deadline

February 4th, 2025

Current Status

Claims filing

has begun!

INTERCHANGE FEE LAWSUIT

Summary Of The Visa/Mastercard Interchange Fee Lawsuit


This lawsuit addresses improper interchange fees charged to merchants that accepted Visa or Mastercard credit or debit cards between January 1, 2004 and January 25, 2019.

Merchants harmed by the interchange fees made the following allegations:

  • Visa and Mastercard, and their respective member banks, violated the law because they (i) set interchange fees, and (ii) imposed and enforced “rules” that limited merchants from steering their customers to other payment methods. Those rules include so-called no-surcharge rules, no-discounting rules, honor-all-cards rules, and certain other rules. Doing so insulated Visa and Mastercard from competitive pressure to lower the interchange fees.
  • Visa and Mastercard conspired together to implement some of the business practices challenged.
  • Visa and Mastercard, and their respective member banks, continued in the aforementioned activities despite the fact that Visa and Mastercard changed their corporate structures and became publicly owned corporations after the case was filed.

OUR EXPERTISE

How We Excel

Expert Analysis

We leverage industry insights to assess your interchange fees accurately, even if your data is incomplete.

Comprehensive Recovery

Our approach includes all your entities – locations, subsidiaries, and acquisitions – to maximize your claim.

Effortless Process

We minimize requests to you and your staff, handling all the complexity of the claim on your behalf.

No Upfront Cost

We only earn a fee if we successfully recover funds for you. No recovery means no fee.

Sagemont Services stands at the forefront of financial advocacy as a premier settlement recovery consultancy. Our collective of seasoned advisors, meticulous researchers, and cutting-edge IT specialists unite to form a relentless force in the pursuit of your financial entitlements.



Contact

Monday - Friday

9am - 5pm