Act quickly — Discover class action settlement claims are due by May 18, 2026.
If your business accepted Discover card payments between January 1, 2007, and December 31, 2023, you may be eligible to receive compensation from the $1.225 billion.
Why This Matters to Your Business
This lawsuit claims that Discover misclassified certain consumer credit cards as commercial cards, which caused merchants to be charged excessive interchange fees.
Discover has not admitted any wrongdoing but agreed to a $1.225 billion class action lawsuit settlement to resolve the allegations.
If your business accepted Discover card transactions during the covered period, this settlement could mean money back in your pocket.
Who Is Included?
The settlement benefits:
- End merchant: individuals or business entities that, during 2007–2023, accepted a Discover Bank–issued credit card directly from a customer as payment for goods or services.
- Merchant acquirers and payment intermediaries: businesses that, during 2007–2023, either had an agreement with Discover to facilitate Discover credit card transactions (Merchant Acquirers) or processed Discover credit card transactions on behalf of other businesses without being classified as an End Merchant or Merchant Acquirer (Payment Intermediaries).
- Misclassified card transactions: Discover credit card transactions that were recorded as commercial credit cards but should have been classified as consumer credit cards such as rewards, premium, or premium plus cards.
What You Need to Do
✅ Check Your Eligibility: If you processed Discover payments during the covered period, you likely qualify.
✅ Submit Your Claim: File a valid claim by May 18, 2026 to receive your settlement payment.
How to File a Claim
- Go to the official settlement website: DiscoverMerchantSettlement.com
- Complete the claim form
- Provide your business information and documentation as required.
Reference:
DiscoverMerchantSettlement.com
