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International Business Times UK
International Business Times UK
Business
Shyna Mae Deang

Are You Owed Money by Mastercard? Why Millions Qualify But Still Haven't Been Paid

A Mastercard logo is seen on a credit card in this picture illustration August 30, 2017. Photo: Reuters / Thomas White

Nearly 46 million people in the UK could be in line for compensation from Mastercard, yet most haven't seen a single penny. The case dates back to 2016, when a landmark class action lawsuit alleged that Mastercard's transaction fees between 1992 and 2008 unfairly inflated consumer prices.

Now, in May 2025, despite a £200 million settlement being approved by the Competition Appeal Tribunal, not a single payout has been made.

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