Merchant Category Code
Special numbers assigned by the card associations to sellers based on their product vertical. This is done for identification and tracking purposes. VISA uses the equivalent Standard Industry Codes, or SIC.
Your go-to resource for understanding payment, fraud, and banking terminology with clear definitions from Acquirer to Zero Liability
Special numbers assigned by the card associations to sellers based on their product vertical. This is done for identification and tracking purposes. VISA uses the equivalent Standard Industry Codes, or SIC.
