Discover Card - Misclassified transactions class action Settlement

PricingBlogGet startedSettlementsFor LawyersPricingBlogGet Started BackSettlements>Discover Card ShareOpen in appSettlements>Discover CardDiscover CardUnfair FeesOfficial websiteNone!Settlement DetailsPayout amountVariesDeadline to claim5/18/26Proof required?YesDiscover Card - Misclassified transactions class action SettlementWhat is the Discover Card merchant settlement about?This lawsuit alleges that Discover misclassified certain consumer credit cards as commercial credit cards, causing merchants and payment processors to pay higher interchange fees than they should have. The alleged misclassification affected Discover credit card transactions processed between January 1, 2007 and December 31, 2023.Discover denies all wrongdoing, and the Court has not ruled on the claims. Both sides agreed to settle to avoid the expense and uncertainty of litigation.How much is the Discover Card merchant settlement payout?If you're eligible and file a claim, you may receive a cash payment depending on the volume and type of Discover transactions your business processed over the settlement period.The final payout amount will vary based on:The number of valid claims submittedThe number of misclassified Discover transactions associated with youThe settlement allocation formula approved by the CourtPayments will be issued after the Court grants final approval and any appeals are resolved.Am I eligible to file a claim?You may be eligible if:You accepted or processed Discover credit cards anytime between 2007 and 2023,And you were involved in at least one Misclassified Card Transaction, meaning Discover labeled a consumer credit card (such as a rewards or premium card) as a commercial card.Eligible groups include:End merchantsMerchant acquirersPayment intermediariesExcluded entities are listed on Exhibit A of the Settlement Agreement.Is the Discover Card merchant settlement legit?Yes. The Discover Merchant Settlement is legitimate, and the official settlement website has been authorized by the Court as the accurate source for updates, claim filing, and case information.Consumers and businesses can use the site to:Submit a settlement claimCheck their Discover MID statusReview the Notice and settlement documentsLearn more about the Discover Card Merchant SettlementContact the settlement administratorThe Court granted preliminary approval on July 30, 2025, and Notices have been issued on a rolling basis since September 11, 2025.When’s the claim deadline?You must submit a Discover Card Merchant settlement claim form online or by mail by:May 18, 2026Other important deadlines:Exclusion Deadline: January 6, 2026Objection Deadline: January 6, 2026Final Approval Hearing: February 6, 2026 at 10:00 AM ESTWho qualifies for the Discover Card merchant settlement?The Discover settlement covers:All End Merchants, Merchant Acquirers, and Payment Intermediaries who processed or accepted a Discover credit card transaction misclassified as a commercial card between January 1, 2007 and December 31, 2023.Businesses that accepted Discover payments during this 17-year period may be eligible for compensation.How do I file a Discover Card merchant settlement claim form?To submit a Discover Merchant settlement claim form online, head to the official settlement website and use the digital claims portal.If filing online:Enter or verify your Discover Merchant ID(s)Complete the claim form with required detailsSubmit before May 18, 2026If filing by mail:Download and print the claim formComplete all sections accuratelyMail the form so it is postmarked by May 18, 2026If you do nothing, you will receive no payment and will give up your right to sue Discover about the claims covered by this settlement.‍Open this Settlement in appTrending SettlementsESO SolutionsData breachViewAccu-Time SystemsBiometric PrivacyViewSequoiaData breachViewMcDonald'sEmployment & Labor LawViewEMSAData breachViewWatson ClinicData breachViewLyon Real EstateData breachViewKitsap Mental Health ServicesData breachViewDecoPacData breachViewStart your first claim today.Don’t let another settlement pass you by. Download Settlemate and start claiming the money that’s legally yours. A hassle-free way to bring justice and your money back where they belong.Get Started4.9 • 22.9K RatingsLink copied✕Download AppSettlemate is available on both the Apple App Store and Google Play.© 2025 Settlemate. All rights reserved.CompanyBlogFor LawyersSettlementsFAQPricingAbout usContactResourcesSupportTerms of servicePrivacy PolicyRefund PolicyAlternativeSettlemate vs DoNotPaySocialInstagramTikTok© 2025 Settlemate. All rights reserved. document.addEventListener('DOMContentLoaded', () => { document.querySelectorAll('.wrapper-pill-settlements').forEach(wrapper => { const pills = wrapper.querySelectorAll('.text-wrapper-pill-settlements'); let hasStatus = false; pills.forEach(pill => { const txt = pill.textContent.trim().toLowerCase(); if (txt === 'upcoming' || txt === 'potential suit') { hasStatus = true; } }); if