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. MCCs affect the interchange rates and ...
Do you use credit cards for making payments? Are you aware of what MCC (merchant category code) means? If you are not, then you must understand it as it plays a key role in determining what fee or MDR ...
PALO ALTO, Calif., Feb. 27, 2025 /PRNewswire/ -- KYC Systems LLC, the leading provider of Know Your Customer (KYC) automation services to the payments and banking industries, today announces the ...
If you've ever heard credit card nerds and mile chasers yak about "MCC codes" but catch no ball, this 101 article is for you. They're actually referring to the merchant category code (MCC), which is a ...
PALO ALTO, Calif., Feb. 27, 2025 /PRNewswire/ — KYC Systems LLC, the leading provider of Know Your Customer (KYC) automation services to the payments and banking industries, today announces the launch ...
Card networks such as Visa, Mastercard, and Amex assign merchant category codes to merchants based on their business categories. Ever wondered why credit card companies give you different reward ...