Discover Merchant $1.2 Billion Settlement
Why You Need Piedmont Processing To Help You Recover Funds.
Settlements like this can be a difficult process. Understanding eligibility requirements, collecting proper documentation, and correctly filing claims can easily take away valuable time you should be spending running your business. That’s why you want Piedmont Processing on your team. 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 Summary
On January 21, 2025, Discover Financial Services agreed to a settlement of up to $1.2 billion, addressing allegations of incorrectly classifying "Consumer" credit card transactions as "Commercial" accounts. These errors resulted in higher interchange fees for businesses, of which many were unfairly overcharged for several years.
Who's Eligible For This Settlement?
If you accepted or processed Discover credit cards between January 1st, 2007 & December 31st, 2023, you could be due a payment as part of this class action settlement. The settlement applies to:
End Merchants: Businesses directly accepting Discover cards.
Merchant Acquirers: Those facilitating Discover credit card transactions.
Payment Intermediaries: Entities processing Discover transactions on behalf of merchants.
While a settlement date is yet to be determined, it’s crucial to check if your business is affected as millions of Merchant ID's were impacted. Let Piedmont Processing handle this for you, ensuring your claim is accurate and submitted on time.
Need more information? Call Piedmont Processing at (844) 643-5551 or complete the contact form and a representative from Piedmont Processing will respond shortly.
Does Your Business Qualify?
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An Advocate For Helping Consumers Obtain Quality Results
Sam Earley, founder of Piedmont Processing, is a passionate advocate for helping consumers obtain quality results. With over 20 years of experience helping thousands of clients get the settlements they deserve, you want Sam and his team at Piedmont Processing in your corner.
Piedmont Processing's streamlined system and experience will make it easy. We manage everything from eligibility checks to documentation and critical filings, ensuring you don’t miss important deadlines. Our service allows you to focus on what you do best—running your business—while we focus on maximizing your recovery.
