Newtek Merchant Solutions

It's your money…we want to help you get it back!
After years of delays, the Court has approved a class action settlement among merchants, Visa, MasterCard and other Defendants. The lawsuit claims that merchants paid more fees than they should have for accepting Visa and MasterCard as payment from consumers.

What does this mean for you? If you accepted Visa or MasterCard any time after January 1, 2004, you may be eligible to receive cash from the $5+ billion in funds available from the Settlement.

Newtek Merchant Solutions (NMS) has partnered with MCAG – a class action settlement expert – to assist our eligible merchants with recovering cash from the Settlement. MCAG will submit your claim using your historical processing data supplied by Partner along with information provided by Visa/MasterCard that is made available by the Settlement Administrator.

There are no upfront fees - MCAG charges a contingent fee of 20% of recoveries. For this fee, MCAG will do all the data analysis, document preparation, claims filing, recovery and reconciliation. If there is no recovery from the Settlement, you will not be charged 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!
For additional information, you may also visit https://www.mcaginc.com/campaign-code-landing-page, and enter access code NEWT04.

If you have any questions or need assistance, the MCAG team is ready to help. Just go to their website and look for the "Help Chat" button 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.