Overview
MCC 6536 covers the funding (send) side of Mastercard MoneySend person-to-person payment transactions. This is used when a cardholder initiates a money transfer to another person through the MoneySend network.
Transaction Profile
Varied value, moderate frequency, CNP, person-to-person transfers
Card Network Notes
Mastercard MoneySend-specific rules apply. Enhanced AML/KYC requirements. Velocity limits and transaction monitoring mandatory.
Risk & Compliance
Risk is high. Person-to-person money transfers carry elevated fraud and money laundering risk. Velocity monitoring, sender verification, and AML compliance are essential. Networks impose strict controls on P2P money movement.