About the Case
American Express Swipe Fee Overpayment Lawsuit
What’s this About?
Business owners who accept American Express cards ("Amex") have paid grossly inflated credit card processing fees for years. Amex has banned businesses from “steering” customers toward using credit cards with lower processing fees and levying surcharges for using more expensive credit cards. This prevents businesses from offering discounts to customers who use more business-friendly payment methods such as debit cards, or simply ask customers to pay with cheaper cards.
We believe that Amex’s rules against “steering” customers toward cards with lower fees are illegal, anti-competitive, and have cost the typical small business owner tens of thousands of dollars. Your company may be entitled to significant money damages.
What Can I Do?
Lex is working with Main Street Law Firm and the nationally recognized Milberg Law Firm to handle potential cases nationwide. If your business accepts American Express and other credit cards, Main Street and Milberg can pursue an arbitration on your behalf to recover the likely thousands of dollars due to Amex's potentially anti-competitive rules. Click Here to Start Your Secure Claim. It only takes a minute.
What’s the Process?
Your case would be handled through a “mass arbitration.” In general, arbitration is a form of alternative dispute resolution through which two parties resolve a disagreement before a third-party arbitrator instead of a judge or jury. Amex's Arbitration Agreement with merchants requires any disputes to be arbitrated. Importantly, arbitrations take place outside of court.
What Could I Get?
While there is no guarantee as to how much your business may recover or that your claim will be successful, we believe that most merchants will receive a recovery equal to significant percentages of their annual credit card sales.
It Costs Nothing to Sign up
It costs nothing to sign up, and you’ll only need to pay if the attorneys win money on your behalf. Their payment will come as a percentage of your award.
If they don’t win your claim, you don’t pay.
Sign Up and Take Action
If you’re a merchant who takes American Express and other credit cards, join others taking action. Sign up today by filling out this quick, Secure Form.