What are the merchant category codes for accepting digital currencies?
JS BikeMay 29, 2021 · 4 years ago1 answers
Can you provide a list of merchant category codes that are used for accepting digital currencies as payment?
1 answers
- Nghia TranDec 16, 2023 · 2 years agoOf course! Here are some merchant category codes (MCC) commonly used for accepting digital currencies: 1. MCC 6051 - Non-Financial Institutions - Foreign Currency, Money Orders (not wire transfer), and Travelers Cheques 2. MCC 7995 - Betting, including Lottery Tickets, Casino Gaming Chips, Off-Track Betting, and Wagers at Race Tracks 3. MCC 4829 - Money Transfer 4. MCC 5812 - Eating Places and Restaurants 5. MCC 5814 - Fast Food Restaurants Please note that these codes may vary depending on the payment processor or financial institution you are working with. It's always a good idea to check with your payment processor for the specific codes they require for accepting digital currencies.
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