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:

  • Twitter
  • Facebook
  • Email
  • LinkedIn

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

  • Error 15 CI_ eFilingCommon.pvc 247 when generating Aatrix Form
  • Sage 100 2023 e-File Payroll Tax Deadlines
  • Beware Fake Sage Support Sites
  • When Is Sage 100 Payroll 2.24 for 2023 Due?
  • Which Crystal Reports Versions Are Compatible With Sage 100 (As of October 2023)?
  • Windows Server 2012 R2 No Longer Supported with Sage 100
  • How can I see the tax tables being used for Payroll taxes?
  • Sage TLS 1.2 Change Deferred For Some Through March 2024
  • Sage 100 Updates for 2023: The Year-End Edition You Can’t Afford to Miss
  • Summit Hosting Rebrands as Summit

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

sage 100 email newsletter
Schulz Says Email NewsletterSent Thursday by 1pm

Join our Sage 100 email newsletter.

  • Sent weekly each Thursday 
  • Over 1,500 subscribers
  • No spam - leave anytime
  • Learn about pending updates, fixes, popular integrations
Become a Member

Never see this message again.

 

Loading Comments...
 

You must be logged in to post a comment.