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 ...

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 ...

Want to get the lowdown on someone's interests and priorities? Look no further than their credit card, thanks to a tracking system that stores data on where credit card customers use their cards. "The ...

Do you use credit cards for making payments? Are you aware of what MCC (merchant category code) means? If you are not, then you must understand it as it plays a key role in determining what fee or MDR ...

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 ...

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 ...