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 launch ...

** 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 ...

WASHINGTON (WABI) - Congresswoman Chellie Pingree along with dozens of other Congressional Democrats are pushing credit card companies to explain why they paused the implementation of a new Merchant ...

A new code identifying credit card sales of guns and ammunition has been approved by the International Standards Organization, creating a potential path for card networks to help law enforcement ...