MCC Definition.
Merchant Category Code (ISO 18245): a 4-digit code that classifies a merchant’s business, such as 5411 for grocery stores, 5812 for restaurants, and 7995 for gambling. It determines applicable interchange, risk rules, some acceptance bans, and issuers’ cashback programs. A misreported MCC breaches scheme rules and is a red flag for merchant fraud.
See also
Where this term appears
GuideThe four-party modelGuideThe role of banksGuidePayments in FranceGuidePayments in TurkeyGuidePayments in the USGuideUS debit and Durbin routingGuidePayments in Japan and KoreaGuidePayment success rates and what drives themGuideB2B payments around the worldGuidePayment data and where it livesGuideInteroperable QR codes around the worldGuideSubscriptions and recurring payments around the world