What MCC 4111?
4111 (Commuter Transport, Ferries)
What does MCC mean on a bank statement?
Merchant category codes
Merchant category codes (MCCs) are four-digit numbers that a credit card issuer uses to categorize the transactions consumers complete using a particular card.
What is MCC classification?
A Merchant Category Code (MCC) is a four-digit number listed in ISO 18245 for retail financial services. An MCC is used to classify a business by the types of goods or services it provides.
What is a quasi cash transaction?
Quasi-Cash is a kind of product or item that is representative of actual cash such as money orders, traveler’s checks, foreign currency, wagers, lottery tickets, or casino gaming chips.
What is MNC on phone?
MCC and MNC are the acronyms of “Mobile Country Code” and “Mobile Network Code”. These codes are used to identify the country and network codes on mobile telecommunications for GSM, LTE, CDMA, or UMTS communications.
How do I check my MCC merchant?
You can find the MCC for different purchases/stores on your credit card statement, so your best bet is to go back into your statement and see exactly how the merchant description is coded so you know for future reference.
What is MCC validation?
MCC is an acronym that stands for “Merchant Category Code.” The major card companies and banks break down the merchants who accept their cards into categories and assign each merchant, accordingly, a corresponding code consisting of four numbers. These code numbers are consistent between the card companies and banks.
What is Cro quasi cash merchant?
Quasi-Cash Transaction means a transaction that is similar or easily converted to cash and that Royal Bank treats as a Cash Advance, including money orders, wire transfers, travellers’ cheques and gaming transactions (including betting, off-track betting, race track wagers and casino gaming chips).