Friday Deadline to Rejoin Visa/MasterCard Settlement

Retailers that previously opted out of the Visa/MasterCard credit card swipe fee class action settlement have until this Friday, December 19, to rejoin the cash settlement class. On December 4, the American Booksellers Association sent bookstore members an e-mail with updated information regarding the recent notice sent to them by the Visa/MasterCard interchange class settlement administrator.

Booksellers with questions for ABA regarding the Visa/MasterCard settlement and those who wish to see an example of the Notice to Rejoin the Class Settlement form should contact David Grogan, ABA senior public policy analyst, at [email protected] or at (800) 637-0037, ext. 7562.

For more on the Visa/MasterCard settlement, click here. The Class Action website, paymentcardsettlement.com, offers good background on the case; however, it is out-of-date and does not reflect the information explained in the recent notice from the class settlement administrator. The information provided in the e-mail from ABA is current.