Merchant category codes, sometimes called MCC codes or merchant codes, classify merchants based on the products or services sold. Credit card issuers use these codes to determine how to categorize ...

Want to get the lowdown on someone's interests and priorities? Look no further than their credit card, thanks to a tracking system that stores data on where credit card customers use their cards. "The ...

Related video above: Maryland state law bans sale, receipt of unregistered 'ghost guns'U.S. credit card giants said they will implement a new merchant category code for the nation's gun retailers, ...

A merchant category code — or an MCC — is a four-digit number used by credit card companies to classify businesses for payments, taxation and rewards purposes. MCCs affect the interchange rates and ...

Now that the International Organization for Standardization has approved a new code to identify purchases at stores that sell guns and ammunition, many groups are speaking up about threats to privacy ...