Understanding MCC 8641: Civic, Fraternal, and Social Associations
Merchant Category Code (MCC) 8641 is designed to classify transactions associated with civic, fraternal, and social associations. These codes help financial institutions streamline billing and identify the nature of transactions more effectively. To delve further into what MCCs are and why they matter, explore this guide.
What Types of Organisations Fall Under MCC 8641?
The MCC 8641 category includes various organisations primarily oriented towards community and social engagement. Some examples of such organisations are:
- Civic Associations: These groups aim to improve community involvement and enhance the quality of life through civic-minded activities.
- Fraternal Organisations: Often rooted in shared interests or characteristics, these entities promote fellowship and mutual aid among members.
- Social Clubs: Encompassing hobbyists and enthusiasts, these clubs provide a platform for social interaction and shared activities.
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