Published
April 6, 2026
Updated
July 10, 2026
The $197.5 million Visa and Mastercard ATM surcharge settlement is paying out now — digital payments began April 6, 2026, and with only 296,877 valid claims, per-person shares are unusually large.
Key Takeaways
- The $197.5 million ATM surcharge settlement began paying out on April 6, 2026.
- Only 296,877 claims were approved out of 63.5 million submitted -- 99.5% were rejected as fraudulent.
- Payments arrive via email through Tremendous, the settlement's authorized digital payment platform -- this is legitimate, not a scam.
- Claimants are reporting payouts from under $4 to over $2,400, depending on the number of ATM transactions claimed.
- If you haven't received your email yet, check spam/promotions folders. Payments are going out in waves.
Check your email now. If you filed a claim, look in your inbox, spam folder, and promotions folder for a payment email sent through Tremendous, the settlement's authorized digital payment platform. That is your ATM settlement payment. Payments are going out in waves throughout the day.
ATM Settlement Payment Is Going Out Now -- People Are Getting Paid
The $197.5 million Visa and Mastercard ATM surcharge settlement is paying out right now, and the numbers people are reporting are turning heads. Claimants across Reddit, Facebook groups, and class action forums are sharing screenshots of payment notifications that are significantly larger than what anyone expected from a typical class action.One claimant who contacted the settlement administrator (AB Data) reported that their first-round payment from the earlier $67 million bank settlement had been a little over $1,000 -- with no proof of purchases submitted. The administrator told them this second payout from the $197.5 million Visa and Mastercard fund would be "significantly higher than expected" due to the extremely low number of valid claims. When you do the math, it makes sense: $197.5 million divided among only 296,877 valid claims, after 99.5% of all submissions were rejected as fraud, means each remaining claimant's share is far larger than anyone anticipated.
The image above is from a claimant who shared their payment notification on Reddit, confirming that pro rata shares from the settlement are now available. Community reactions range from disbelief to excitement as people realize this is one of the highest per-person payouts in recent class action history.
Status
Paying Out Now
digital payments began April 6, 2026
Settlement Fund
$197,500,000
Mackmin v. Visa
Valid Claims
296,877
of ~63.5M submitted (~99.5% flagged fraudulent)
Payment Method
Digital via Email
Tremendous / AB Data
ATM Class Action Settlement Payments Confirmed Going Out
The settlement administrator has confirmed that pro rata payments for the class action Andrew Mackmin, et al., v. Visa Inc., et al. (Case No. 1:11-cv-01831) are now available. If you filed a valid claim, check your email immediately. Payments are being sent digitally via email with instructions on how to collect your payment. Check your inbox, spam folder, and promotions folder for a message from the ATM Surcharge Settlement administrator.Online forums and class action communities are reporting payment notification emails arriving from AB Data throughout the day. Claimants are being given digital payment options including PayPal and virtual debit cards. If you have not received your email yet, payments are going out in waves -- keep checking over the next few days.
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How the ATM Settlement Payment Got Delayed Until Now
This payment has been a long time coming. The case was originally filed in October 2011. The settlement received final court approval on June 20, 2025 with no appeals filed. The settlement website initially said payments would come in "late Winter, 2026," but winter ended with no payments. In March, claimants who contacted the administrator were told there was "no established timeframe." The website was then updated to say "April, 2026."The delay was caused by the extraordinary scale of fraud in this settlement. Out of approximately 63.5 million claims submitted, over 63.2 million were flagged as fraudulent and rejected. Only 296,877 claims were identified as valid -- meaning roughly 99.5% of all claims were fake. That massive fraud review is what held up the process for months.
For OpenClassActions readers who followed our coverage, we reported on the website language change in our April 2 update. Payments are now confirmed as going out.
ATM Settlement Payment Amount -- How Much Are People Getting?
Individual payment amounts vary based on how much each person claimed in ATM overcharges. The total fund is $197.5 million. After deducting the court-awarded $49.4 million in attorneys' fees and administration costs, the remaining net fund was divided among only 296,877 valid claimants.Because 99.5% of claims were rejected as fraudulent, the pool of valid claimants is remarkably small relative to the fund size. Analyses estimated that valid claimants may receive 23% to 38% of their claimed ATM overcharges. Individual payouts are expected to be meaningfully higher than in most class action settlements because of the tiny valid claim pool.
The exact amount you receive depends on how many ATM surcharge transactions you claimed and the total value of all valid claims.
ATM Surcharge Settlement -- By the Numbers
● Total Settlement Fund: $197,500,000
● Attorneys' Fees & Admin Costs: $49,400,000
● Net Fund for Claimants: ~$148,100,000
● Total Claims Submitted: ~63,500,000
● Claims Rejected (Fraud): ~63,200,000 (99.5%)
● Valid Claims Approved: 296,877
● Estimated Payout Range: 23% to 38% of claimed ATM overcharges
● Payment Method: Digital via email (PayPal, Venmo, virtual debit card, ACH, gift cards, or paper check)
● Attorneys' Fees & Admin Costs: $49,400,000
● Net Fund for Claimants: ~$148,100,000
● Total Claims Submitted: ~63,500,000
● Claims Rejected (Fraud): ~63,200,000 (99.5%)
● Valid Claims Approved: 296,877
● Estimated Payout Range: 23% to 38% of claimed ATM overcharges
● Payment Method: Digital via email (PayPal, Venmo, virtual debit card, ACH, gift cards, or paper check)
What People Are Reporting They Received
Within hours of payments going out on April 6, claimants started posting their amounts across Reddit and social media. Here is a sample of self-reported payment amounts from the r/ClassActionSettlement subreddit:| Reported Amount | Source |
|---|---|
| $2,400 | Reddit commenter |
| $1,740 | Reddit commenter |
| $497.32 | Reddit commenter |
| $399 | Reddit commenter |
| $310 | Reddit commenter |
| $250 | Reddit commenter |
| $248 | Reddit commenter |
| $187 | Reddit commenter |
| $124 | Reddit commenter |
| $37 | Reddit commenter |
| $12.43 | Reddit commenter |
| $3.73 | Reddit commenter |
These amounts are self-reported and unverified, but the pattern is consistent across multiple independent Reddit threads posted on the same day. The wide range reflects differences in how many ATM surcharge transactions each claimant originally claimed. Higher amounts suggest claimants who documented more frequent ATM use.
Is the Tremendous Email Legitimate? Yes.
Many claimants are alarmed when they receive a payment email sent through Tremendous about the settlement. This is not a scam. The official settlement website FAQ confirms that Tremendous is the authorized digital payment platform for this settlement. AB Data (the settlement administrator) uses Tremendous to deliver digital payments.If you receive an email from Tremendous referencing the Visa Inc. ATM surcharge settlement, it is the real thing. You can verify by logging in directly at ATMClassAction.com. Payment options through Tremendous include prepaid virtual debit card, ACH direct deposit, PayPal, Venmo, and digital retail gift cards. You can also request a paper check if you prefer.
How to Collect Your ATM Settlement Payment
Payments are being sent digitally via email. When you receive the email from the settlement administrator, you will be given digital payment options to choose from, such as PayPal or a virtual debit card. Select your preferred method and follow the instructions to collect your payment.Below is an example of what the payment notification email looks like, shared by a claimant who received their notification:
The notification confirms that pro rata shares from the Mackmin v. Visa class action settlement are now available, with information about contacting the administrator at ATMClassAction.com.
This is not a physical check. It is a digital payment delivered to the email address you provided when you filed your claim. If your email has changed since you filed, contact the administrator at ATMClassAction.com immediately.
ATM Settlement Payment Scams -- Watch Out
Now that payments are going out, scammers will try to take advantage. Here is how to tell the difference:Legitimate: A payment email sent through Tremendous, the settlement's authorized digital payment platform, referencing the Visa Inc. ATM surcharge settlement. This is the official payment platform confirmed by the settlement administrator and the settlement FAQ. It will give you options like PayPal, Venmo, virtual debit card, or ACH.
Not legitimate: Unsolicited texts, phone calls, social media DMs, or emails from any other address asking for your bank information, Social Security number, or payment to "release" your settlement funds. The real settlement will never ask you to pay money to receive your payment.
Do not click links in suspicious messages. Do not give anyone your bank information in response to a random text or call about this settlement. If you are unsure whether a message is legitimate, go directly to ATMClassAction.com and log in there.
I Didn't File a Claim -- Is There Another Chance?
The claim deadline for the $197.5 million Mackmin settlement passed on January 22, 2025. No new claims are being accepted.However, a separate $167.5 million nonbank ATM settlement (Burke v. Visa Inc., Case No. 1:11-cv-01882) was filed for preliminary approval on December 18, 2025. That settlement covers consumers who paid surcharges at independent, nonbank ATMs after October 24, 2007. Claims for the Burke settlement will open after court approval, which is expected sometime in 2026.
For full details on both ATM settlements, visit our Mackmin ATM Settlement page or the new Burke $167.5M Nonbank ATM Settlement page.
ATM Settlement Timeline
From the original 2011 complaint to confirmed payment distribution on April 6, 2026.
October 2011
Original complaint filed
Antitrust lawsuits filed against Visa, Mastercard, and major banks over ATM fees.
August 2015
Lawsuits revived
Appeals court allows the case to move forward.
October 2021
First settlement
$66.7M bank settlement reached.
May 2024
$197.5M settlement announced
Visa and Mastercard agree to resolve claims.
June 2025
Final approval
Court approves settlement. No appeals filed.
Late 2025
Fraud review
63.2M of 63.5M claims rejected. Only 296,877 approved.
Dec 3, 2025
Distribution approved
Court allows payments to begin processing.
April 6, 2026
Payments sent
Digital payments confirmed going out via email.
Swipe or use arrows to see full timeline
Frequently Asked Questions
Is the ATM settlement paying out now?
Yes. The settlement administrator has confirmed that pro rata payments from the $197.5 million Visa and Mastercard ATM surcharge settlement (Mackmin v. Visa Inc., Case No. 1:11-cv-01831) are now available. Payments are being sent digitally via email. Multiple claimants have confirmed receiving payments on April 6, 2026.
How will I receive my ATM settlement payment?
Payments are sent digitally via email through Tremendous, the settlement's authorized digital payment platform. You will receive digital payment options including PayPal, Venmo, virtual debit card, ACH direct deposit, and digital retail gift cards. You can also request a paper check. Check your inbox, spam folder, and promotions folder.
Is the Tremendous email about the ATM settlement a scam?
No. The payment email sent through Tremendous is legitimate. The official ATM settlement FAQ at ATMClassAction.com confirms that Tremendous is the authorized digital payment platform used by AB Data, the settlement administrator. If you are unsure, go directly to ATMClassAction.com to verify.
How much is each person getting from the ATM settlement?
Individual amounts vary based on how much each person claimed in ATM overcharges. The total fund is $197.5 million. After $49.4 million in attorneys' fees and administration costs, the remaining fund was divided among only 296,877 valid claimants. Analyses estimated valid claimants may receive 23% to 38% of their claimed ATM overcharges. Self-reported amounts range from under $4 to over $2,400.
Why is the ATM settlement payment so high?
Because 99.5% of all claims (over 63.2 million out of 63.5 million submitted) were rejected as fraudulent. The $197.5 million fund is being divided among only 296,877 valid claimants, resulting in much larger per-person shares than typical class action settlements.
I haven't received my ATM settlement payment email yet. What should I do?
Payments are being distributed in waves. Check your spam and promotions folders. Make sure your email address is current with the settlement administrator at ATMClassAction.com. If you still do not receive it, contact the administrator through the official settlement website. Do not respond to unsolicited texts or social media messages about the settlement.
Can I still file a claim for the ATM settlement?
No. The claim deadline passed on January 22, 2025. However, a separate $167.5 million nonbank ATM settlement (Burke v. Visa) is expected to open to claims after court approval in 2026. That settlement covers surcharges paid at independent, nonbank ATMs. Visit our Burke Nonbank ATM Settlement page for details.
Sources
• Settlement administrator notification confirming pro rata payments are now available (Mackmin v. Visa Inc., Case No. 1:11-cv-01831)• Official Settlement Website -- ATMClassAction.com (homepage updated April 6, 2026: "Digital payments commenced")
• Official Settlement FAQ -- confirms Tremendous as the authorized digital payment platform
• Court-filed declaration of Mark Cowen, Project Manager at A.B. Data, documenting digital-first delivery plan and fraud review results
• Multiple contemporaneous Reddit threads in r/ClassActionSettlement (April 6, 2026) reporting payment receipt and amounts
• OpenClassActions -- ATM Settlement Payment Update (April 2, 2026)
• OpenClassActions -- ATM Settlement "No Established Timeframe" Update (March 2026)
• OpenClassActions -- Full ATM Settlement Details and Timeline
About This Article
This is a payment status update for the $197.5 million ATM surcharge settlement. The claim deadline passed January 22, 2025. No new claims are being accepted. OpenClassActions.com is a consumer advocacy and class action news site, and is not a class action administrator or a law firm.
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