Discover Merchant Settlement

Discover has reached a proposed class action settlement in related lawsuits alleging that, starting in 2007, Discover misclassified certain consumer credit cards as commercial cards, causing merchants and other payment participants to pay higher interchange fees. If you accepted or processed Discover credit cards between January 1, 2007 and December 31, 2023, you may be eligible to receive a payment from the Discover Card Merchant Class Action Settlement.

Submit your indication of interest and a representative from our team will reach out to you to verify your information and go over next steps.

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How SLFAQ Helps

SLFAQ helps eligible merchants in two ways:
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‍1) Third-Party Filing Service (end-to-end)
We oversee the process so you can stay focused on your priorities by managing the filing process and follow-ups, including:
- Eligibility review (based on settlement requirements)
- Claim preparation and submission support
- Monitoring claim status and managing follow-up requests
- Ongoing updates to your team as the process moves forward

‍2) Liquidity Option (Claim Purchase / Receivable Monetization)
If your priority is certainty and speed, we can review your claim information and provide an indicative offer so you can convert a future settlement distribution into cash now.

SLFAQ, LLC has successfully filed tens of millions of dollars in claims on behalf of our clients. As an experienced third-party filer, we charge no upfront fees. Our compensation is a percentage of the claim, and our rates are significantly lower than those of our competitors.

Working with a third-party filer like us ensures that your claim is filed accurately and promptly. We manage any conflicts or challenges that arise during the filing and approval process, allowing you to focus on your core business.

What do we Guarantee?

Settlement Tracking and Updates

We will follow the status of your claim and provide you with relevant updates as they are made known to us.

Merchant Support to Answer Questions

We will help guide you through this process and answer any questions that you may have related to the filing process.

No Upfront Fees for Claims Filing Services

There is no upfront fee. Our compensation is a percentage of the claim, and our rates are significantly lower than our competitors.

DISCLAIMER

Filing your own claim is fairly simple if you have the time. You can do so by working with the official settlement administrator. For more information, and contact details for no cost assistance, you can visit: discovermerchantsettlement.com. There is no necessity to file with a third-party provider.