A merchant category code — or an MCC — is a four-digit number used by credit card companies to classify businesses for payments, taxation and rewards purposes. MCCs affect the interchange rates and ...
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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Visa, Mastercard, Discover and American Express on Thursday said they're halting plans to adopt a new merchant code for guns and ammunition stores following resistance from lawmakers in certain states ...
Plenty of attention has been given recently to the tracking of gun sales, with no lack of argument for and against. This article lies outside of any market motives or political opinions. It speaks ...
Visa Inc., MasterCard Inc., and Discover Inc., have paused their work on a plan to track when cardholders make purchases at gun stores. The payment processing companies said Thursday they have ...
Mastercard, Visa, and American Express are reportedly preparing to equip California firearms and ammunition retailers with a merchant code that would track gun purchases. This comes as a new state law ...
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