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 ...
MasterCard and Visa assign a Merchant Category Code (MCC) to all businesses that accept credit cards. The MCC represents the type of goods/services that a business sells. For example, HEB, Target 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 launch ...
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 ...
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