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Discover Merchant Settlement: Let MCAG Navigate the Process for You

We’re excited to inform you about the recent Discover Merchant Settlement, a significant opportunity for businesses to recover funds tied to misclassified credit card transactions. As always, MCAG is here to guide you through this complex process, ensuring you don’t miss out on your chance to claim your share of the settlement.


Why You Need MCAG as Your Navigator


Settlements like this can be time-consuming and difficult to navigate. Understanding eligibility, gathering the right documentation, and filing claims correctly can overwhelm even the most diligent businesses. That’s where we come in. With MCAG by your side, you can trust us to manage the entire process, saving you time and ensuring you recover the funds you deserve with minimal effort on your part.


Settlement Overview


Discover Financial Services has agreed to a settlement of up to $1.09 billion, addressing allegations of misclassifying "Consumer" credit card transactions as "Commercial" accounts. This resulted in higher interchange fees for businesses, many of which were unfairly overcharged for years.


Who’s Eligible?


If your business accepted Discover card transactions between January 1, 2007, and December 31, 2023, you could be eligible to claim part of this settlement. The settlement applies to:


  • End Merchants: Businesses directly accepting Discover cards.

  • Merchant Acquirers: Entities facilitating Discover credit card transactions.

  • Payment Intermediaries: Entities processing Discover transactions on behalf of merchants.


With over 11 million Merchant IDs (MIDs) impacted, it’s crucial to check if your business is affected. MCAG will do this for you, ensuring your claim is accurate and submitted on time.


Proposed Settlement Claim Filing Deadline: October 22, 2025


Why MCAG Makes the Difference


With more than a decade’s worth of transactions under review, recovering your share could be complicated. But MCAG’s streamlined process and experience will make it easy. We manage everything from eligibility checks to documentation and filings, ensuring you don’t miss critical deadlines. Our service allows you to focus on what you do best—running your business—while we focus on maximizing your recovery.


What’s Next?


The settlement was granted preliminary approval on October 22, 2024 and the proposed claim filing deadline is October 22, 2025. Eligible businesses will receive direct mail and email notifications with unique IDs and PINs to make the process easier. We will be with you every step of the way, monitoring these communications, ensuring you meet deadlines, and helping you maximize your compensation.


This is a chance to reclaim funds lost over many years due to Discover’s practices. Let MCAG be your trusted partner, making the process smoother, faster, and easier for you.

If you have any questions or need more information, don’t hesitate to contact us.


Need more information? Call MCAG at 1-800-355-0466 to learn more or CLICK HERE to complete our contact form and an MCAG representative will respond shortly.

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