Grant & Eisenhofer secured more than $70 million in settlements on behalf of small merchants in litigation against Mercury Payment Systems and Global Payments Direct for deceptive credit card processing practices
Plaintiff(s):
Small business merchants across the United States
Case type / claims:
Consumer and commercial class action alleging deceptive and unfair business practices by payment processing companies, including hidden fees and misrepresented transaction rates.
Defendant(s):
Mercury Payment Systems, LLC and Global Payments Direct, Inc.
Jurisdiction:
U.S. District Court for the Northern District of Georgia
Year:
2017
Outcome:
- Settlement valued at more than $70 million.
- Provided financial restitution and transparency protections for small merchants nationwide.
- Reinforced fair dealing and accountability standards in the credit card processing industry.
