Merchant category code (MCC code for short) consists of four-digit codes.

Merchant coding format (merchant number format). The Management Measures for Bank Card Receipt stipulates that the merchant number is 15 digits: organization code (3 digits)+area code (4 digits)+merchant type (4 digits)+merchant serial number (4 digits). ?

The merchant category code set by the acquiring institution for the special merchants must be consistent with the main business of the merchants.

Extended data:

Setup steps

1. Determine the industry category of the special merchants.

Retail, accommodation, catering and recreation, real estate and finance, residential and commercial services, wholesale, education, health, welfare and other government services.

2. Determine the nature and types of goods or services provided by the merchants' main business.

According to the actual main business of the merchant, the business license of the merchant shall specify the business type and nature of the merchant. Do not arbitrarily select the business scope of the merchants listed in the business license, especially the business type with the lowest discount rate, to determine the business category code; Instead, the main business of the merchant should be used as the basis for determining the merchant category code.

3. Confirm that the selected merchant category code can best describe the business scope and nature of the merchant.

If the merchant does not have a suitable matching code among the listed category codes, the acquiring institution can set a corresponding general code for the merchant. For example, it can't accurately describe the maintenance of large household appliances, sports equipment and musical instruments;

The acquiring institution can set the industry general code 7699- all kinds of repair shops and related services, with a discount rate of 0.78%; The monopoly category of 5722 large household appliances is not applicable, and the deduction rate is 0.38%.

Baidu encyclopedia -MCC code