The Truth About MCC Codes: How They Actually Affect Your Business

Video Description

📊 What Are Merchant Category Codes (MCCs) & Why They Matter | PaymentCloud 📊 Every business that accepts credit card payments has a Merchant Category Code (MCC) but most people don’t realize how important it is. In this video, we break down what MCCs are, how they work, and how they impact both business owners and consumers alike. 👉 You’ll learn: • What MCC codes are and how they’re assigned • How MCCs affect credit card processing fees, risk levels, and business classification • Why consumers should pay attention to MCCs for rewards and cash back • How to look up your business’s MCC and avoid misclassification • Where to find the official MCC lists from Visa, Mastercard, and Amex Whether you’re trying to cut costs, stay compliant, or maximize your credit card perks, understanding MCCs is a powerful step forward. 💡 Why it matters: • Your MCC affects your fees, your taxes, and your ability to work with processors • Misclassification can cost you thousands • Consumers earn different rewards based on MCCs at checkout 🔍 Ready to learn what your MCC is and what it means for your bottom line? Watch now and get the full breakdown. 👍 Like | 💬 Comment | 🔔 Subscribe for more payment tips #MCC #MerchantCategoryCode #PaymentProcessing #CreditCardFees #BusinessTips #HighRiskBusiness #CreditCardRewards #PaymentCloud #SmallBusinessTips #CardNetworks ***************************************************************************************************************************************************************************************************** Apply for a merchant account with ☁️PaymentCloud☁️ ➡️ https://paymentcloudinc.com/apply/?tid=YT-MA-mcc-G2DzEtlSrCk ***************************************************************************************************************************************************************************************************** Find Your Merchant Category Codes: VISA ➡️ https://usa.visa.com/dam/VCOM/download/merchants/visa-merchant-data-standards-manual.pdf MASTERCARD ➡️ https://www.mastercard.us/content/dam/public/mastercardcom/na/global-site/documents/quick-reference-booklet-merchant.pdf AMERICAN EXPRESS ➡️ https://www.americanexpress.com/content/dam/amex/us/merchant/new-merchant-regulations/Regs_EN_US.pdf Additional Resources FOR THE READERS: Merchant Category Codes: Why They Matter to Your Business ➡️ https://paymentcloudinc.com/blog/merchant-category-code/?tid=YT-MA-mcc-G2DzEtlSrCk High-Risk MCC Codes: A Helpful List ➡️ https://paymentcloudinc.com/blog/high-risk-mcc-codes/?tid=YT-MA-mcc-G2DzEtlSrCk Interchange Fees Explained: Definition, Rates, and Common Questions ➡️https://paymentcloudinc.com/blog/interchange-fees/?tid=YT-MA-mcc-G2DzEtlSrCk What Are High-Risk Businesses? How to Handle Being Labeled “High-Risk” ➡️https://paymentcloudinc.com/blog/high-risk-business/?tid=YT-MA-mcc-G2DzEtlSrCk Card Not Present (CNP) Transactions: The Complete Business Guide➡️ https://paymentcloudinc.com/blog/card-not-present-transaction/?tid=YT-MA-mcc-G2DzEtlSrCk Additional Resources FOR THE WATCHERS: High-Risk Merchant Accounts EXPLAINED: What to Do If Your Business Is Considered High-Risk ▶️ https://youtu.be/XwCDjPAfKtY Merchant Account Fees & Pricing EXPLAINED: How to Lower Credit Card Processing Fees ▶️https://youtu.be/fqwhrY-eO_0 How To Get A Merchant Account (Step-By-Step Application Process) ▶️https://youtu.be/Bcx29SBTD7I ***************************************************************************************************************************************************************************************************** Apply for a merchant account with ☁️PaymentCloud☁️ ➡️ https://paymentcloudinc.com/apply/?tid=YT-MA-mcc-G2DzEtlSrCk ***************************************************************************************************************************************************************************************************** Be sure to subscribe to our channel! ✅☁️ https://www.youtube.com/channel/UC2iA1TT9ITB4TTSAKlOYmOg Follow us for more content! Our Website ☁️ https://paymentcloudinc.com/ Instagram ☁️ https://www.instagram.com/paymentcloud/ Linkedin ☁️ https://www.linkedin.com/company/paymentcloud/ X ☁️ https://twitter.com/PaymentCloudInc/ Facebook ☁️ https://www.facebook.com/PaymentCloud/