The 8th, 9th, 10th, and 11th digits on the credit card slip are MCC codes.
The merchant category code (referred to as MCC, MCC code) consists of a four-digit code.
Merchant coding format (merchant number format), the bank card acquiring management method stipulates that the merchant number is 15 digits: institution code (3 digits) area code (4 digits) merchant type (4 digits) merchant sequence Number (4 digits). ?
The merchant category code set by the acquirer for the special merchant must be consistent with the merchant's main business.
Extended information:
Setting steps
1. Determine the industry category to which the special merchant belongs
Retail, accommodation, catering and leisure Entertainment industry, real estate and finance industry, resident services and commercial services, wholesale industry, education, health, welfare and other government services
2. Determine the nature and type of goods or services provided by the merchant's main business
Determine the type and nature of the merchant's business based on the merchant's actual main business, which should be included in the merchant's business license. The business scope of the merchant listed in the merchant's business license must not be arbitrarily selected, especially the business type with the lowest discount rate, to determine the merchant category code; instead, the merchant's main business should be used as the basis for determining the merchant category code.
3. Confirm that the selected merchant category code best describes the business scope and nature of the merchant
If a merchant does not have a suitable matching code among the listed category codes, The acquirer can set the corresponding universal code for the merchant. For example: large home appliance repair, sports equipment repair, and musical instrument repair services that it cannot accurately describe;
The acquiring agency can set the industry's general code 7699 - various repair shops and related services, with a discount rate of 0.78; The 5722 large home appliances specialty category cannot be applied, and the discount rate is 0.38.
Baidu Encyclopedia-MCC Code