According to a former financial ombudsman, the company owes that to 46 million people
Mastercard charges allegedly resulted in consumers overpaying for goods in shops to the tune of £14bn, and if a class action is successful, it will mean payouts worth up to £300 for 46 million people. That’s according to the former financial ombudsman Walter Merricks – though this is hotly disputed by Mastercard – following a court of appeal ruling in his favour this week.
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