Millions of UK Consumers Could Claim Up to £70 Following Mastercard Legal Ruling
Millions of Mastercard holders—and even those who never personally used one—may be eligible for compensation after a landmark UK court ruling deemed interchange fees charged to retailers between the 1990s and 2008 unfair.
Mastercard has agreed to a multi-million-pound payout after the fees, which were charged to businesses but often passed on to consumers through higher prices, were found to have indirectly affected everyday shoppers.
Read More: https://theneutral.pk/gold-prices-climb-again-following-rs-4000-per-tola-surge-yesterday/
Who is eligible?
- Anyone who lived in the UK during any part of the period before 2008
- Shoppers who made purchases from UK businesses during that time, regardless of whether they used a Mastercard
- Mastercard users from the 1990s to 2008 (this strengthens claims)
- Even non-Mastercard users may qualify due to the broad impact on retail prices
How to claim
An easy online claim form will be launched soon. Eligible individuals can submit their claims to receive compensation of up to £70 each, though the exact amount will depend on the total number of claimants.
This long-awaited legal action sets an important precedent in consumer rights, holding corporations accountable for anti-competitive fees affecting the wider market.
Consumers are advised to watch for official updates on the claims process, expected to open in the coming weeks, with the registration link to be provided through verified channels.