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 ...
Merchant Category Codes (MCCs) are four-digit numeric codes assigned by credit card networks, including Visa, Mastercard, American Express, and Discover. These codes classify businesses based on the ...
Merchant category codes, sometimes called MCC codes or merchant codes, classify merchants based on the products or services sold. Credit card issuers use these codes to determine how to categorize ...
If you’re anything like us, you understand the value of carrying credit cards based on what you typically spend on to receive the maximum rewards. While there are “no-frills” credit cards like the ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...
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 ...
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 ...
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