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Merchant code range. Business type. 0001–1499. Agricultural services. 1500–2999. Contracted services. 4000–4799. Transportation services. 4800–4999. Utility ...
A merchant category code ( MCC) is a four-digit number used for retail financial services to classify a business by the types of goods or services it provides. Codes are specified by the ISO 18245 standard.
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 ...
The Inventory Information Approval System, or IIAS, is a point-of-sale technology used by retailers that accept FSA debit cards, which are issued for use with medical flexible spending accounts (FSAs), health reimbursement accounts (HRAs), and some health savings accounts (HSAs) in the United States. By the end of 2007, all grocery stores ...
Standard Industrial Classification. The Standard Industrial Classification (SIC) was a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas.
ISO 18245. ISO 18245 is an ISO standard concerning the assignment of merchant category codes (MCC) in retail financial services. These are used to control usage of corporate credit cards. MCCs are assigned by merchant type (e.g. one for hotels, one for office supply stores, etc.), with each merchant being assigned an MCC by the bank.
In March, the payments companies Visa, Mastercard, American Express and Discover Financial said they would delay the rollout of a "merchant category code," or MCC, meant to help detect suspicious ...
1975 – IRS was established and registered under section 25 (erstwhile section 8) of the Companies Act 1956 as not for profit public limited company. In the same year dual class agreements for mutual cooperation were signed with the American Bureau of Shipping , Lloyd's Register of Shipping and Det Norske Veritas , the first register of ships ...