Categories: InsightsUncategorized

What is Merchant Category Code MCC 9700: Automated Referral Service (For Visa Only)

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.

RAPYD SOLVES PAYMENTS—ONCE AND FOR ALL BUSINESSES

Get everything your business needs to accept payments worldwide from a global leader. From merchant accounts, card acquiring, and online payment gateway to payouts and multi-currency business accounts, Rapyd makes money move.

  • Accept Visa, Mastercard, and hundreds of alternative payment methods
  • Boost authorisation rates with a direct, local card acquirer
  • Send instant payouts worldwide
  • Create virtual IBAN accounts

Work with a top-20 Visa acquirer trusted by 250,000+ businesses globally.

GET STARTED

Mark Stiltner

Mark Stiltner is a finance and fintech writer. From educating independent investment advisors on retirement plan management to helping families maximize their savings to educating businesses on global payment preferences, Mark has spent over a decade researching and educating audiences on complex financial topics. Mark has been a contributing author on blog articles and educational content for the Bank of Colorado, Pinnacle Bank, TD Ameritrade, First Data and Rapyd.

This website uses cookies.

Read More