Overview
MCC 6530 covers remote stored value load transactions initiated by merchants rather than financial institutions. This includes prepaid card reloads at retail locations, online wallet top-ups, and merchant-facilitated stored value loading.
Transaction Profile
Low to mid value, high frequency, mixed card-present and CNP, automated reloading
Card Network Notes
Visa and Mastercard impose stored value loading restrictions. Velocity limits and AML monitoring apply. Acquirer due diligence requirements are enhanced for this category.
Risk & Compliance
Risk is medium to high. Similar risk profile to MCC 6529 with additional merchant-side compliance requirements. Networks require acquirers to conduct enhanced due diligence on merchants processing stored value loads.