Schulz Consulting

Consulting and Upgrades

  • Home
  • Services
  • Contact

Visa Mastercard Litigation Refund – Sage Payment Mailings Explained

August 28, 2013 by Wayne Schulz

sage litigation

Several of our customers have called with questions about a mailing they received from Sage Payment Solutions. The title of the mailing “Visa/Mastercard Antitrust Litigation – You may be eligible for a refund!” announces that Visa and Mastercard users may be eligible to claim part of a $7.2 billion class action settlement concerning swipe fees.

via NBC News:

Visa, MasterCard and the nation’s biggest banks have agreed to pay $7.3 billion to millions of merchants to end a seven-year dispute over credit card “swipe” fees. The settlement includes at least $6.05 billion in payments to some 7 million merchants for past damages and a temporary reduction in fees valued at $1.2 billion.

The mailing from Sage is a way for users who don’t wish to file their own claim (here) to use the services of a third party who will file the claim on their behalf for a percentage of the amount recovered.

Refund Recovery

Share this:

Filed Under: Sage 100 ERP, slider Tagged With: mastercard, payments, refund recovery, sage, visa

Secure cloud hosting for Sage 100
Call 1-888-244-6559 (toll-free)

About Wayne Schulz

Wayne Schulz is a Sage 100 Consultant located in Connecticut. He has worked with Sage 100 since 1986 and provides advanced support to companies located throughout the United States. If you are experiencing an issue with Sage 100 and would like to schedule a support session - please request assistance here or call 860-657-8544.

Access Sage 100 in the cloud today. 3rd party applications supported Available 24/7 from anywhere. Dedicated hosts

Call 1-888-244-6559 (toll-free)

Search Our Site

Sage 100 Newsletter

Sage 100 News

  • Sage 100 & CRM – May 2023 Update
  • Sage 100 2023 LM7200T Patch Released To Resolve Prerequisite Issue
  • SOC Audit Reports For Sage 100
  • Sage 100 Payroll Users Must be On Sage 100 v2020 or Higher for December 2023 Update Compatibility
  • When Will Sage 100 2023 Be Released?
  • Sage 100 Updated TLS 1.2 Licensing Requirements ( February 2023 )
  • Shipment Tracking Functionality Restored to Sage 100
  • How To Edit 1099 Totals In Sage 100
  • How to Reconcile Sage 100 Accounts Payable Detail to the General ledger
  • Sage 100 Year-End 2022 Training Series

Contact Us

Schulz Consulting
Connecticut Office
Click Here To Contact Schulz Consulting
Phone: 860-657-8544
Email Us
Available remotely nationwide.
We are a local branch of DSD Business Systems Connecticut.

Copyright © 2023 · Parallax Pro Theme on Genesis Framework · WordPress · Log in