Understanding Merchant Category Code 4814
Payment processors assign a four-digit Merchant Category Code (MCC) to classify a business by its goods or services. These codes, established by the ISO (International Organization for Standardization), are universally accepted by most card-issuing organisations.
MCC 4814 classifies transactions related to telecommunication services. Learn more about MCCs and their importance in categorising businesses for payment processing.
What Types of Businesses Fall Under MCC 4814: Telecommunication Services?
MCC 4814 encompasses a wide array of essential telecommunication services.
These services include:
- Prepaid Phone Services: Businesses offering pay-as-you-go mobile plans, allowing users to control their spending.
- Recurring Phone Services: Monthly telecommunication plans, providing consumers with consistent connectivity.
- Fax Services: Local and long-distance facsimile services, ensuring that businesses can transmit essential documents quickly and securely.
- Local and Long Distance Calls: Providers enabling both local and international voice communication.
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