Hey @TheCrumb. You need to talk with your attorney about this, first. From what I understand, since we are using Square as our middleman, and we pay a flat fee which means that Square has always eaten the “extra” costs that were part of that lawsuit, etc, we are not eligible to be part of this class-action settlement. Only sellers who used traditional card processing are eligible to be part of the class. And, yes, there are LOTS of scammers out there who are calling us on a daily basis saying that they will file all of the paperwork for us and get us money, but they are all just in it for their cut. Just like the ERC, only certain people are eligible but scammers don’t care. They will tell you everyone is eligible, which just is not true. Ask your attorney.
Just remember — we pay a flat fee. If interchange fees change all the time we are not affected — Square is. Same goes for other fees. Square absorbs those in favor of one simple fee (even for Amex which is just crazy in my opinion!).
Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)
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