US EditionMastercard Compensation: Martin Lewis Shares Details of How to Apply for and Claim Huge £200m Payout Online
- Mastercard agreed to pay £200 million in compensation to UK consumers following a long-running legal case settled last week.
- The case, led by Walter Merricks, began in 2016 after a 2007 ruling found Mastercard's interchange fees unlawfully high between 1992 and 2008.
- Consumers who lived in the UK for at least three months during the eligibility periods and were aged 16 or over can claim regardless of having used a Mastercard.
- An estimated 2.2 million people may claim, with payouts expected around £45 each but capped at £70, while scammers have been warned against exploiting the scheme.
- Claims will open soon on an official website managed by Epiq, with payments likely to be distributed by year-end, and unclaimed funds going to charity.
23 Articles
23 Articles
Mastercard compensation explained - including how to claim and the exact payout - The Mirror
Mastercard is set to pay out £200million in compensation after a major new legal ruling from the Competition Appeal Tribunal last week - here is everything you need to know
Mastercard to pay out £100,000,000 to customers - who can claim?
The MSE founder has shared details on who’s eligible (Picture: Shutterstock/REX) Earlier this month, Mastercard agreed to pay a total of £100 million in compensation to UK shoppers — and now, Martin Lewis has shared details on who can claim. A landmark lawsuit against the company, first brought by former financial ombudsman Walter Merricks almost a decade ago, was recently settled out of court for £200 million. Half of this total was then earmar…
Mastercard compensation explained - including how to claim and the exact payout
Mastercard is set to pay out £200million in compensation after a major new legal ruling from the Competition Appeal Tribunal last week – here is everything you need to know Mastercard is set to pay out £200million in compensation to customers – but what does this mean? and who is set for the payout? Last week, the Competition Appeal Tribunal ruled that consumers had “lost out” because of Mastercard’s “unlawfully high” card fees. According to the…
Coverage Details
Bias Distribution
- 73% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
