What is Merchant Category Code?
A Merchant Category Code (MCC) is a four-digit number assigned to a business by its acquiring bank or payment processor that classifies the type of goods or services the business provides.
Overview
A Merchant Category Code (MCC) is a four-digit number assigned to a business by its acquiring bank or payment processor that classifies the type of goods or services the business provides.
How It Works
Merchant Category Code (MCC) is an important concept in modern payment processing. Understanding it helps businesses choose the right payment methods and technologies for their customers.
Relevance to Phone Payments
While merchant category code may primarily relate to other payment channels, businesses that accept payments across multiple channels — including phone — benefit from understanding how different payment methods complement each other.
Paytia's platform supports businesses across multiple payment channels. For phone payments specifically, Paytia's secure platform complements merchant category code by covering the voice channel where customers prefer to pay by phone.
Frequently Asked Questions
What is merchant category code?
A Merchant Category Code (MCC) is a four-digit number assigned to a business by its acquiring bank or payment processor that classifies the type of goods or services the business provides.
How does merchant category code work with phone payments?
While merchant category code primarily operates in other channels, businesses that also take phone payments can use Paytia to cover the voice channel securely.
Is merchant category code PCI DSS compliant?
Any payment method that handles card data must comply with PCI DSS. The specific requirements depend on how the data is captured, transmitted, and stored.
Related Terms
See how Paytia handles merchant category code (mcc)
Book a personalised demo and we'll show you how our platform works with your setup.
Request a Demo