To anyone who contacted with or through Mercury, or was referred by Mercury to Global, to receive payment processing services from Oct. 9, 2009 through May 16, 2017, and then was charged a card association access fee exceeding the amount of published fees at the date of the charge and/or dealt with an interchange rate fee that also had exceeded published interchanged rates if the contract indicated fees and rates would be passed through at cost, or finally was charged any of the following fees: Regulatory Fee, Data Security Fee, PCI Fee, Monthly Maintenance Fee, Batch Fee, Statement Fee, Annual Fee, Association Card Accept & License Fee, or MSA Breach Only Fee, you may be eligible for a potential award from the Mercury Payment Systems Overcharge Class Action Lawsuit! According to the lawsuit, Mercury and Global marked up interchange fees that were owed to banks, Visa and MasterCard. They were also allegedly implementing fees that were not authorized in the contracts. Plaintiffs argue that the defendants reaped “tens or hundreds of millions from these improper charges. Mercury and Global deny they overcharged merchants, but have agreed to a settlement fund of $52 million in order to avoid the burden and expense of ongoing litigation. So if you are eligible, you may receive a potential award by October 13, 2017!
Mercury Payment Systems Overcharge CAL:
- Mercury Payment Systems Overcharge Claim Form
- Claim Form Deadline: 10/13/2017
- Who’s Eligible: Anyone who contacted with or through Mercury, or was referred by Mercury to Global, to receive payment processing services from Oct. 9, 2009 through May 16, 2017, and then was charged a card association access fee exceeding the amount of published fees at the date of the charge and/or dealt with an interchange rate fee that also had exceeded published interchanged rates if the contract indicated fees and rates would be passed through at cost, or finally was charged any of the following fees: Regulatory Fee, Data Security Fee, PCI Fee, Monthly Maintenance Fee, Batch Fee, Statement Fee, Annual Fee, Association Card Accept & License Fee, or MSA Breach Only Fee.
- Estimated Amount: Varies
- Proof of Purchase: None Listed
- Case Name & Number: Champs Sports Bar & Grill Co., et al. v. Mercury Payment Systems LLC and Global Payments Direct Inc., Case No. 1:16-cv-00012-MHC, in the U.S. District Court for the Northern District of Georgia
How to File a Claim:
- Head on over to the Mercury Payment Systems Overcharge Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form by October 13, 2017 to receive your potential award!
Bottom Line:
For anyone who contacted with or through Mercury, or was referred by Mercury to Global, to receive payment processing services from Oct. 9, 2009 through May 16, 2017, and then was charged a card association access fee exceeding the amount of published fees at the date of the charge and/or dealt with an interchange rate fee that also had exceeded published interchanged rates if the contract indicated fees and rates would be passed through at cost, or finally was charged any of the following fees: Regulatory Fee, Data Security Fee, PCI Fee, Monthly Maintenance Fee, Batch Fee, Statement Fee, Annual Fee, Association Card Accept & License Fee, or MSA Breach Only Fee, you may be eligible for a potential award from the Mercury Payment Systems Overcharge Class Action Lawsuit. According to the lawsuit, Mercury and Global marked up interchange fees that were owed to banks, Visa and MasterCard. They were also allegedly implementing fees that were not authorized in the contracts. Plaintiffs argue that the defendants reaped “tens or hundreds of millions from these improper charges. You may receive a potential award by October 13, 2017! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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