Newtek Merchant Solutions

Engage an expert for this unique revenue opportunity
Visa, MasterCard, and the Defendant Banks have officially reached a $5.54 billion settlement on interchange fees. Once the Court opens a claims process, you must submit a claim to the Settlement Administrator, or have a claim submitted on your behalf to be eligible to receive any cash from this Settlement.

Help with the claims process – introducing MCAG.

Newtek Merchant Solutions (NMS) has partnered with MCAG – a class action settlement expert – to assist our eligible merchants with recovering the amount you may be due from this Settlement.  Claim forms are not yet available, but you can engage MCAG now to ensure that a proper and timely claim is filed on behalf of your business.

Benefits of using MCAG's service.
  • Eliminate the need to track important dates and claim filing deadlines.
  • Limit administrative burden – you are not required to gather, analyze, or submit claim forms.
  • Review of data is not required (the Settlement covers transactions from 2004 into 2019).
  • Ensure claim form compliance -- MCAG's processes are consistently validated via prior Administrator reviews.
  • Recovery optimization managed by a seasoned industry expert.
This is an optional service and there are no upfront fees.  MCAG charges a contingent fee of 20% of any recoveries that you may be entitled to. For this fee, MCAG services include the necessary data analysis, document preparation, claims filing, recovery and reconciliation for our enrolled merchant clients. If no money is recovered, MCAG will not charge or retain a fee.

Signing up for MCAG's Service is easy:
  1. Click here to visit MCAG's website for Newtek merchants.
  2. Enter in your business information and that's it!
If you have any questions or need assistance, MCAG team members can be reached on their website. Just look for the "Help Chat" icon toward the bottom of the screen.

NMS & The MCAG Team
Disclaimer: On December 13, 2019 the Court granted final approval of the settlement filed on September 18, 2018 for the Rule 23(b)(3) Class Plaintiffs in this action. No claim forms are available at this time, and no claim-filing deadline exists. No-cost assistance will be available from the Class Administrator and Class Counsel during any claims-filing period. No one is required to sign up with any third-party service in order to participate in any settlement. For additional information regarding the status of the litigation, interested persons may visit www.paymentcardsettlement.com, the Court-approved website for this case.