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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Merchant category codes, sometimes called MCC codes or merchant codes, classify merchants based on the products or services sold.

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 ...

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 ...

Credit card purchases are assigned merchant category codes, or MCCs. These codes can affect how you earn rewards, like points or cash back. Many or all of the products on this page are from partners ...

Ever swiped your credit card expecting cashback, only to check your statement and realise—wait, where’s my rebate? That’s ...

Credit card purchases are categorized by these codes. The issuer uses them to determine if you get bonus rewards. Many or all of the products on this page are from partners who compensate us when you ...

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 ...