October 4th, 2024 |
Running a business in a high-risk industry comes with its own set of unique challenges, particularly when it comes to payment processing. Traditional banks and payment processors often shy away from providing services to businesses deemed “high-risk” due to factors like higher chargeback rates, regulatory concerns, or volatile markets. However, obtaining a high risk merchant […]
Read moreMay 6th, 2024 |
Merchant Category Codes (MCCs) serve an important role in the complex world of payment processing, yet they are sometimes overlooked or misinterpreted. These numerical identities are critical for categorizing enterprises according to the items or services they provide. Understanding MCCs is critical for streamlining transactions, complying with regulations, and collecting insights into consumer behavior, whether […]
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