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 ...

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 ...

If you’ve ever heard credit card nerds and mile chasers yak about “MCC codes” but catch no ball, this 101 article is for you. They’re actually referring to the merchant category code (MCC), which is a ...

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 ...

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 ...