What is MCC 5065: Metal Service Centers and Offices?
Merchant Category Code (MCC) 5065 is a merchant category code assigned to businesses operating in the metal service industry. This code is used by financial institutions, including Visa and Mastercard, to classify and monitor purchases related to metal service centers and offices. When merchants engage in transactions involving metal supplies, MCC 5065 is the identifier used to categorise these operations.
Types of Businesses Under MCC 5065
Businesses that are classified under MCC 5065 include:
- Metal Service Centers: These are facilities that store, process, and distribute metal products. They serve as pivotal points where materials are prepared according to client specifications.
- Metal Offices: Offices that manage the administrative and logistical aspects of metal distribution fall under this category.
MCC 5065 and Card Networks
Financial institutions like Mastercard and Visa use MCC codes to decide on interchange fees and assess the risk associated with payments to or from businesses. The MCC 5065 visa classification, for instance, helps apply correct transaction rules and ensure the proper processing of transactions.
Choose Rapyd for Directly Licensed Card Acquiring
One platform lets merchants and partners accept, hold and send money worldwide.
- Directly licensed Visa and Mastercard acquiring
- Higher authorisation rates from a reliable long-term solution
- Send instant payments worldwide
- Multi-currency business accounts
Solve payments with a Top-20 Visa acquirer trusted by 250,000 businesses worldwide.
Subscribe Via Email
Thank You!
You’ve Been Subscribed.