Overview
MCC 5552 is a relatively new merchant category code covering electric vehicle (EV) charging stations and networks. As the EV market expands rapidly, this code enables accurate classification of charging transactions, allowing card networks, issuers, and acquirers to apply appropriate interchange rates and facilitate EV-specific loyalty and rewards programmes. The code covers both public charging networks and commercial charging installations.
Transaction Profile
Low to mid value, moderate to high frequency, predominantly card-present (contactless/NFC), automated metered billing, some subscription models
Card Network Notes
MCC 5552 is recognised by Visa and Mastercard for EV charging. Some issuers offer enhanced rewards for EV charging spend. Contactless and mobile payment acceptance is standard.
Risk & Compliance
Low risk. EV charging transactions are typically low to mid value with automated payment processing. Chargeback rates are low, though disputes may arise around session metering accuracy, failed charging sessions, or pricing transparency. Acquirers should ensure charging operators display clear per-kWh or per-session pricing. Regulatory requirements vary by region regarding energy pricing disclosure.