C
Central Payment Co.
Central Payment Co. settled claims for improperly adding fees and misrepresenting card-processing charges to customers.
ClosedUnited States-wideClaim status: Closed on August 6, 2022Payout: VariesNo longer claimable
About this settlement
Claims relate to improper fees and rate increases on card-processing services by Central Payment Co.
This settlement resolves claims that Central Payment Co. misrepresented and improperly added fees such as TSSNF and PCI noncompliance fees, increased contractual credit card discount rates, and shifted transactions to higher-cost tiers for customers between 2010 and 2020.
Who qualifies
- Current or former Central Payment customers charged TSSNF and PCI noncompliance fees between Jan 1, 2010 and Oct 31, 2020.
- Customers whose credit card discount rates were increased above contractual rates.
- Customers whose transactions were shifted to higher-cost rate tiers.
Varies
Claim status: Closed on August 6, 2022