This lawsuit is principally about the interchange fees attributable to merchants that accepted Discover credit or debit cards between January 1, 2007 and December 31, 2023, and Discovers rules for merchants that have accepted those cards.

Class Plaintiffs claim that:

• Discover, and its respective member banks, including the Bank Defendants, violated the law because they set interchange fees.

• Discover and its respective member banks, including the Bank Defendants, violated the law because they imposed and enforced rules that limited merchants from steering their customers to other payment methods. Those rules include so-called no-surcharge rules, no-discounting rules, honor-all-cards rules, and certain other rules. Doing so insulated them from competitive pressure to lower the interchange fees.

• Discover and its respective member banks continued in those activities despite the fact that Discover changed its corporate structure and became a publicly owned corporation after this case was filed.

• The Defendants’ conduct caused the merchants to pay excessive interchange fees for accepting Discover cards.

• But for Defendants’ conduct there would have been no interchange fee or those fees would have been lower. The Defendants say they have done nothing wrong. They claim their business practices are legal, justified, the result of independent competition and have benefitted merchants and consumers.

No, not all business will qualify. Our lawyers will work with the settlement administrator to see if your business qualifies.

When a cardholder makes a purchase with a credit or debit card, there is an interchange fee attributable to those transactions, which is usually around 1% to 2% of the purchase price. Interchange fees typically account for the greatest part of the fees paid by merchants for accepting Discover cards. Discover set interchange fee rates for different kinds of transactions and publish them on their websites, usually twice a year.

The amount paid from the settlement fund will be based on your actual or estimated interchange fees attributable to Discover card transactions (between you and your customers) from January 1, 2007, through December 31, 2023. The amount of money each Authorized Claimant will receive from the settlement fund depends on the money available to pay all claims, the total dollar value of all valid claims filed, the cost of class administration and notice, applicable taxes on the settlement fund and any other related tax expenses, attorneys’ fees and expenses, and money awards to the Rule 23(b)(3) Class Plaintiffs for their representation of merchants in CAPP, Inc. v. Discover Financial Services, Lemmo's Pizzeria, LLC v. Discover Financial Services, Support Animal Holdings, LLC v. Discover Financial Services, pending in the U.S. District Court for the Northern District of Illinois., and other similarly situated cases, which culminated in the Class Settlement Agreement, all as approved by the Court.

The claim filing period is now open and will end on May 18, 2026.

Your business does not have to be active now for you to qualify. The business just had to be in existence any time between from January 1, 2007, through December 31, 2023, and accepted Discover. Don’t worry if you closed your business or if it was dissolved by your respective state’s division of corporations. Once you hire our law firm, we will work with the settlement administrator to confirm whether your business qualified.

Our lawyers will will work with the settlement administrator to determine whether you qualify. If you do not qualify, our team will let you know.

No. You, only pay us a fee if we can recover something for your business. If we get your business money back, our lawyers are paid 40% out of the money paid back.

Although your business does not have to hire a lawyer in connection with this settlement, it makes sense for you to hire our experienced lawyers to make sure you get all the money you are entitled to under this settlement. Our legal team has handled class actions for well over a decade and have gotten our clients over $1 billion dollars from settlements. This settlement requires the submission of a timely and valid claim, and not all businesses will qualify for a payment. We will work closely with the claims administrator to get your business paid properly if you are qualified. Historically, nearly 95% of all those entitled to benefits in class action settlements never receive those benefits. Why is that? It’s because class members are not aware of the settlement, they do not know how to complete the required claim forms, they fail to complete the necessary documents, they fail to submit the claim forms on time, or they do not provide the necessary information when follow-up information has been requested by the settlement administrators. Our team will make sure your claim is properly and timely submitted and that there are no hiccups. We will also make sure you get the amount you are entitled to receive. If the amounts don’t match up, our lawyers will dispute the amount if we believe it is incorrect.

The Settlement Administrator and Class Counsel are available at no cost to your business to assist during the claims-filing period. Notwithstanding, by retaining our legal team, you are giving our attorneys complete authority to communicate with the Settlement Administrator on you and your business’ behalf and to make any and all decisions related to your business’ status as a class member and in connection with your business’ claim. Our attorneys shall serve as the sole representative for you and your business in connection with the settlement and in dealing with the Settlement Administrator for the entirety of the claim process, to receive from the Settlement Administrator your business’ claim form, to prepare, complete, and submit the claim to the Settlement Administrator; to communicate as necessary with the Settlement Administrator or Class Counsel about your business or its claim and the claim process, to respond to any follow-up requests from the Settlement Administrator for additional information or documentation necessary to prove a valid claim, and to ensure you and your business is properly and timely paid.

For more information about the Settlement, here is a link to the Discover Card Merchant Class Action Settlement: https://www.discovermerchantsettlement.com/