What MCC 6051?

What MCC 6051?

High-Risk MCC List

MCC Code Description
MCC 5999 Miscellaneous specialty retail, includes ammunition and firearms
MCC 6051 Quasi-cash, currency, money orders, travelers cheques, debt repayment, loan payment, lease payment, mortgage companies (not money transfer, non-financial institution)
MCC 6211 Securities dealers

Does MasterCard have purchase protection?

Consumer Protection – ‘Chargebacks’ One of the benefits of using your MasterCard credit or debit card to make a purchase is that if you don’t receive the goods or services you paid for, you may be able to get your money back, even if the business is no longer trading.

What MCC 7994?

Merchant category code for 7994 NOIRE provides industry leading online payment processing services and risk management solutions.

What is merchant category code 6513?

We now also know that their merchant category code is 6513 – Real Estate Agents and Managers – Rentals.

Is Mastercard covered under section 75?

Check with your individual card provider to find out which is the best way to make a claim. Make sure you’re claiming from the card provider – so, for example, if you have an HSBC Mastercard, you’ll need to contact HSBC about the Section 75 claim, not Mastercard.

What MCC 5045?

MCC 5045 is used for Computers, Computer Peripheral Equipment, Software and other services including local and long distance calls. NOIRE can support eCommerce merchants with these requirements within this Merchant category code.

How do I claim money back from MasterCard?

To start a claim, call your bank card provider and ask to dispute the transaction. It can then start the procedure of claiming the money back from the supplier’s bank. Some claims CAN be made after 120 days, but the longest cut-off period is 540 days from the date of the initial transaction.

Is my MasterCard debit card protected?

Debit card payments and purchases are not covered by section 75 of the Consumer Credit Act. But you might be able to make a claim for a refund under a voluntary scheme called ‘chargeback’. This might cover purchases of any value made on debit, credit or prepaid cards.

What MCC 9399?

Merchant category code for 9399 NOIRE provides industry leading online payment processing services and risk management solutions.

How long does a Mastercard refund take?

Once the merchant processes your refund, it’s up to your card company to post the credit to your account. This typically takes three to seven business days.

Is Mastercard more secure than Visa?

Which is more secure? Both Visa and Mastercard offer zero fraud liability for all cards, which means that any user who is victim to fraud, theft, or breach of data will not be liable for the lost money. Both networks are generally considered to be secure, but use different methods for securing your data.

  • September 10, 2022