Mercury Payments Class Action Settlement

Class Eligibility

You are a member of the Class and affected by the Settlement if:

You contracted with or through Mercury or were referred by Mercury to Global to receive payment processing services from October 9, 2009, through May 16, 2017; and

You were charged: (a) a card association access fee exceeding the amount of the published fees current as of the date of the charge, and/or an interchange rate exceeding published interchange rates current as of the date of the charge for those whose contracts provided that such fees and rates would be passed through at cost; or

You were 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

Yes

Case Name

Champs Sports Bar & Grill Co., et al. v. Mercury Payment Systems LLC and Global Payments Direct Inc.
Case No. 1:16-cv-00012-MHC
District Court for the Northern District of Georgia

Case Summary

The case is known as Champs Sports Bar & Grill Co., et al. v. Mercury Payment Systems, LLC and Global Payments Direct, Inc., Case No. 1:16-CV-00012-MHC, and is pending in the United States District Court for the Northern District of Georgia. The four merchants who sued are called the “Plaintiffs,” and the companies they sued, Mercury and Global, are the “Defendants.”

Plaintiffs contracted with or through Defendants to process payment card transactions. Plaintiffs claim that on monthly invoices sent to them for these services Defendants: (1) marked up the interchange fees due to banks and the access fees due to Visa and MasterCard rather than pass the fees through at cost, and (2) charged fees that were not authorized by the contracts. Plaintiffs sued Defendants for breach of contract, fraud, unjust enrichment, and violation of the federal and Georgia RICO statutes. The lawsuit seeks to recover the amount that merchants were overcharged and other relief. Defendants deny that that they acted improperly and assert they have no legal liability. The Court has not yet decided whether Plaintiffs’ claims have merit.

Settlement Pool

$52,000,000

Deadline

10/13/2017

Contact



MPS Processing Settlement

Epiq Systems Inc., Settlement Administrator

P.O. Box 4259

Portland, OR 97208-4259

1-888-733-0353
info@MPSProcessingSettlement.com

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