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Mastercard: Millions of consumers could get £70 after unfair fees ruling

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Decision comes after a long-running legal case brought forward by a former financial ombudsman.

Walter Merricks argued that shoppers were charged higher prices after fees were wrongly levied on transactions made over a 15-year period between 1992 and 2008 .

Consumers eligible to claim compensation if they lived in England , Wales or Northern Ireland for at least three months between June 1997 and June 2008 .