Merchant Category Code (MCC) 9700 pertains to the Automated Referral Service exclusively for Visa transactions.
What is MCC 9700: Automated Referral Service (For Visa Only)?
MCC 9700 is designated for businesses utilising automated systems to refer transactions for Visa cards. These automated referral services play a critical role in efficiently managing high volumes of transactions, ensuring seamless payment operations.
Types of Businesses Under MCC 9700:
- Online Platforms: Websites offering automated referral systems for card verifications and approvals.
- Payment Processors: Companies that specialise in handling Visa transactions through automated methods.
- Financial Technology Services: Businesses providing technical solutions for automated transaction processing and authorisation.
To explore further insights into MCC codes, read our comprehensive guide here.
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