What happened: Last week, we reported on a class-action lawsuit that reached a settlement against the credit card duopoly.
What you need to know: This Payment Card Settlement is the biggest antitrust class-action settlement in history.
Why it matters: If a restaurant operator accepted Visa and/or Mastercard at any time between Jan. 1, 2004, and Jan. 25, 2019, they are likely entitled to a share of the settlement.
How to claim your share: You can submit a claim through the official court-authorized Payment Card Interchange Fee Settlement website. The easiest way to submit a claim is to wait for the claim form to arrive in the mail and use the Claimant ID and Control Number provided to log in.
Need to know: Operators can file claims on their own, free of charge, by following the instructions above. Additionally, operators are entitled to free assistance in understanding and filing a claim form.