FILE PHOTO: Illustration photo of a Mastercard logo on a credit card
(Picture: REUTERS)Mastercard has lost an appeal Tuesday against a ruling in a £10 billion collective suit, allowing the claims of around three million deceased customers to continue.
The payments processing company is facing a claim brought by consumer champion Walter Merricks on behalf of around 46 million adults in the UK. It was the first mass consumer suit to be approved in the UK in 2021.