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A merchant category code (MCC) is a four-digit number used for retail financial services to classify a business by the types of goods or services it provides. Codes are specified by the ISO 18245 standard.
A merchant category code — or an MCC — is a four-digit number used by credit card companies to classify businesses for payments, taxation and rewards purposes.
ISO 18245 is an ISO standard concerning the assignment of merchant category codes (MCC) in retail financial services. These are used to control usage of corporate credit cards. MCCs are assigned by merchant type (e.g. one for hotels, one for office supply stores, etc.), with each merchant being assigned an MCC by the bank.
Merchant type, or merchant category code 19: n 3: Acquiring institution (country code) 20: n 3: PAN extended (country code) 21: n 3: Forwarding institution (country code) 22: n 3: Point of service entry mode 23: n 3: Application PAN sequence number 24: n 3: Function code (ISO 8583:1993), or network international identifier (NII) 25: n 2: Point ...
ISO 18245:2003 Retail financial services – Merchant category codes; ISO 18259:2014 Ophthalmic optics – Contact lens care products – Method to assess contact lens care products with contact lenses in a lens case, challenged with bacterial and fungal organisms
Merchant category codes are used by credit card companies to classify businesses. That four-digit number is a type of merchant category code (MCC), which credit card companies use to classify ...
This category has the following 58 subcategories, out of 58 total. ... Coal merchant; Confectionery store; ... Code of Conduct;
Unlike other debit cards, the IRS does not allow FSA debit cards to be used at every merchant that accepts Visa or MasterCard. Rather, only the following types of merchants may accept an FSA debit card, usually enforced using "merchant category codes" or "merchant type codes" assigned by Visa and MasterCard: