California this month became the first state to require credit card companies to create a unique four-digit code for stores selling firearms. And on the same day the law took effect in California, ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (FOX40.COM) — California is taking more ...
Merchant Category Codes (MCCs) are four-digit numeric codes assigned by credit card networks, including Visa, Mastercard, American Express, and Discover. These codes classify businesses based on the ...
Banks use MCCs to assess transaction risk. Payment processors use MCCs to set processing fees. Visa & Mastercard track MCCs for chargeback monitoring & fraud prevention. Chargeback Risk: Some ...
PALO ALTO, Calif., Feb. 27, 2025 /PRNewswire/ — KYC Systems LLC, the leading provider of Know Your Customer (KYC) automation services to the payments and banking industries, today announces the launch ...
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