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 ...

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 ...

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 ...

I know how merchant category codes (MCCs) work. In my school we asked our bank to block MCC codes like alcohol, spas and adult stores to prevent our employees from acquiring unauthorized expenses ...

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 ...

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 ...

** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. ** As of April 1, cash might be king ...

Visa, Mastercard and Discover announced they will pause a plan to implement a new merchant category code for the nation’s gun retailers after political pressure from Republicans. The measure that was ...

Now that the International Organization for Standardization has approved a new code to identify purchases at stores that sell guns and ammunition, many groups are speaking up about threats to privacy ...