Unlock Discover – Here’s What You Need to Know
- MCAG
- Aug 22
- 2 min read
A complicated settlement, made simple.
The Discover Settlement is here—and it’s unlike anything we’ve seen before. It’s highly technical, involves multiple claimant types, and is filled with terms and rules that can be confusing even for industry insiders.
That’s where MCAG comes in. As the nation’s leading experts in complex settlements, we’ve been tracking the details from day one. We’ve read the fine print, decoded the jargon, and mapped out exactly what this settlement means for organizations like yours.
Here’s the short version:
What’s it about? Discover is accused of misclassifying certain credit card transactions, which may have caused businesses to overpay in interchange fees.
Who might qualify? Restaurants, retailers, payment processors, acquiring banks, payment gateways, and other entities involved in processing or accepting Discover transactions between January 1, 2007, and December 31, 2023.
Why it’s complicated: The settlement distinguishes between End Merchants, Merchant Acquirers, and Payment Intermediaries—each with different eligibility rules, documentation needs, and filing strategies.
The good news? You don’t have to figure it out.
Our team has already developed a clear filing roadmap, knows exactly which records matter, and will handle the entire process for you—maximizing your potential recovery while you focus on running your business.
MCAG Advantage:
We’ve filed into more settlements, for more clients, than anyone else in the industry. Our expertise means you can trust us to get it right the first time.
Next Steps:
If you’re an MCAG client, we’ll be in touch when it’s time to confirm your data. If you’re not yet enrolled in our All Settlements Service, now is the time. This settlement is too important—and too complex—to risk going it alone. The claim filing deadline for this settlement is May 18, 2026.
Contact MCAG
1-800-355-0466