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Default MCCs

Default Card Settings | Default MCCs

To ensure benefit-linked cards properly adhere to regulatory guidelines, the IRS mandates that cards be restricted to specific MCC Codes (Merchant Category Code), the codes Master Card assigns to merchants to identify the type of merchant they are in an authorization message. On this Default Card Settings page, the user will be allowed to configure … Read More >>

Categories Default Card Settings, Default MCCs, Settings, Summit Guide

Default Card Settings | Default MCCs | Auto-Substantiation

To ensure benefit-linked cards properly adhere to regulatory guidelines, the IRS mandates all cards to be restricted to specific MCC Codes (Merchant Category Code), the codes Master Card assigns to merchants to identify the type of merchant they are in an authorization message. The IRS also requires the review of every transaction to determine its … Read More >>

Categories Default Card Settings, Default MCCs, Settings, Summit Guide

Default Card Settings | Default MCCs | MCC Categories

To ensure benefit-linked cards properly adhere to regulatory guidelines, the IRS mandates that cards be restricted to specific MCC Codes (Merchant Category Code), the codes Master Card assigns to merchants to identify the type of merchant they are in an authorization message. In this tab, the user can view, add, edit, or delete MCC Categories. … Read More >>

Categories Default Card Settings, Default MCCs, Settings, Summit Guide

Default Card Settings | Default MCCs | Plan MCCs

In order to ensure cards are used for their intended purposes, the IRS mandates that cards be restricted to specific MCC Codes (Merchant Category Code), the codes Master Card assigns to merchants to identify the type of merchant they are in an authorization message. In this tab, users are able to associate or customize MCC … Read More >>

Categories Default Card Settings, Default MCCs, Settings, Summit Guide

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