Merchant Category Code (MCC) 7998 is a classification used by payment processors and payment networks like Visa and MasterCard to identify businesses operating as membership clubs, including sports, recreation, athletic clubs, country clubs, and private golf courses. Understanding this MCC can significantly benefit merchants under this categorisation, helping them transact and manage finances efficiently.
Types of Businesses Under MCC 7998: Membership Clubs (Sports, Recreation, Athletic), Country Clubs, and Private Golf Courses
MCC 7998 encompasses a variety of membership organisations:
- Sports Clubs: Facilities offering sports-related amenities, including tennis courts, basketball gyms, and swimming pools.
- Recreation Centres: These centres often host activities like yoga, aerobics, or other fitness classes.
- Athletic Clubs: These organisations cater to training and fitness enthusiasts requiring special equipment and coaching services.
- Country Clubs: Exclusive venues that combine facilities like dining, event spaces, and various recreational options.
- Private Golf Courses: Courses that operate on a membership basis, providing premium golfing experiences.
Businesses classified under MCC 7998 differ from other recreational MCCs due to their focus on membership-based services, emphasizing access to specialised facilities and exclusive activities. Unlike general sports stores or public recreational services, membership clubs offer curated experiences often bundled with other premium services.
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