The FTC is currently reviewing claims. We will update this page when we have more information.
In February 2025, the FTC sent 5,588 checks totaling more than $2.6 million to businesses enrolled with First American Payment Systems and charged hidden or unauthorized fees. If you get a check, please cash it within 90 days.
What was the settlement about?
The FTC sued First American Payment Systems, and the company paid $4.9 million to settle. The FTC alleged that the payment processor used misleading sales pitches and charged hidden fees.
First American Payment Systems used sales offices with many different business names, including:
- Eliot Management Group
- Cypress Bay Solutions
- Sundance Payment Solutions
- Billy Goat, LLC
- Chelle Communications
- Appstar Financial
- Payscape Advisors
- Blue Dog Business Services
What was the deadline to apply for a refund?
The deadline was July 14, 2025. The FTC is no longer accepting claims.
How much will my refund be?
Your refund amount will depend on several factors, including how many businesses file a claim.
When will I get my refund?
We plan to send payments in 2025. We will update this page when we have more information.
Who was eligible to apply for a refund?
You were eligible to apply for a refund if your business was enrolled with First American Payment Systems between June 2017 and April 2020 and they charged you an early termination fee.
Where can I get more information?
For more information, call the administrator at 1-877-595-0114 or view frequently asked questions about the refund process.