What Is MCC 7994?
An MCC, or Merchant Category Code, is a four-digit number assigned by payment processors to classify a business according to the type of goods or services it provides. MCCs are defined by the International Organisation for Standardisation (ISO) and are universally recognised by most card issuers.
Assigned to video game arcades and similar entertainment venues, MCC 7994 helps payment processors correctly categorise transactions. This code influences payment practices from compliance to fraud monitoring and even how much a merchant pays in processing fees.
Types of Businesses Under MCC 7994
Businesses that typically fall under MCC 7994 include:
- Video Game Arcades: Establishments that offer a variety of arcade games, pinball machines, and other coin-operated games.
- Amusement Centres: Locations that provide interactive games and entertainment, often including activities like skeeball, air hockey, and dance machines.
- Internet Cafes: Venues that offer gaming services alongside internet access, allowing customers to play online games and engage in digital activities.
- Family Entertainment Centres: Facilities that combine arcade games with other attractions such as mini-golf, laser tag, and bumper cars.
Key Considerations: Payments for MCC 7994 Video Games and Arcades
Higher Chargeback Risks and Fees
When you’re in a high-opportunity category, the way your business is classified affects everything from interchange rates to how quickly you can access your funds.
Businesses classified under MCC 7994 often face challenges when opening merchant accounts and finding a suitable payment gateway. Many mainstream payment processors reject them. Others impose higher fees, demand extensive documentation, and enforce strict fraud-prevention protocols.
A Reliable Payment Service Provider Creates Long-Term Success
Choosing a payment solution provider that understands and supports high-opportunity industries helps mitigate challenges like fraud while improving conversion rates. Local acquiring through payment providers like Rapyd (instant payments and tailored support for gaming) is ideal.
Capabilities to look for include:
Multiple Payment Methods Acceptance
Offer seamless support for a wide range of payment methods, including credit and debit cards, contactless options such as Apple Pay and Google Pay.
High Up-time and Reliability
Support wireless and cellular connectivity to enable highly reliable payments, even in locations with limited infrastructure. Maintain system stability to handle peak times with minimal downtime or disruption
Integrated Point-of-Sale (POS) Terminals
Equip your business with advanced card readers featuring EMV chip and PIN technology. Take advantage of modern features such as turning a smartphone into a payment terminal and generating payment links.
Advanced Security and Compliance
Full PCI DSS compliance, with robust encryption and tokenisation to safeguard customer card data. Benefit from strong built-in fraud detection and dispute management capabilities.
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