Understanding Merchant Category Code 7995: Betting and Casino Gambling
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 Organization for Standardization (ISO) and are universally recognised by most card issuers.
MCC 7995 is assigned to betting and casino gambling businesses. Understanding this MCC is crucial for merchants operating within this sector to ensure accurate transaction classification. Learn more about MCCs and their importance here.
What Is MCC 7995: Betting and Casino Gambling?
MCC 7995 is specifically designed for businesses that operate within betting and casino gambling. It covers various sectors of the gambling industry.
These include:
- Casinos: Establishments offering games such as poker, blackjack, and slot machines.
- Betting Shops: Businesses where patrons can place bets on sporting events or other occurrences.
- Lotto Outlets: Locations providing lottery tickets and related services.
- Horse Racing Tracks: Venues where horse races are organised and bets are taken.
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