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MCC 6532 — Payment Transaction — Member Financial Institution

Assigned to payment service providers processing transactions on behalf of merchants without marketplace functionality.

MCC Code

6532

Industry

Financial Services

Risk Level

High

Overview

MCC 6532 covers payment service providers that process transactions for merchants without operating a marketplace. This includes payment processors, payment gateways, and payment facilitators providing direct merchant payment acceptance.

Transaction Profile

Varied value, high frequency, predominantly CNP

Card Network Notes

Visa and Mastercard payment facilitator rules apply. Network registration required. Sub-merchant identification and monitoring mandatory.

Risk & Compliance

Risk is medium to high. Similar regulatory and compliance framework to MCC 6531 but without the marketplace complexity. Registration with card networks and ongoing monitoring of sub-merchants is required.

Common Merchants

Various payment processors, payment gateways, payment facilitators, white-label payment services

Transaction Profile

Varied value, high frequency, predominantly CNP

Card Network Notes

Visa and Mastercard payment facilitator rules apply. Network registration required. Sub-merchant identification and monitoring mandatory.

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