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MCC 8062 — Hospitals

Assigned to hospital operations accepting card payments for medical services, procedures, and patient fees.

MCC Code

8062

Industry

Healthcare & Medical

Risk Level

Low

Overview

MCC 8062 covers hospital services including inpatient care, outpatient procedures, emergency services, and specialist treatments. Card payments are accepted for patient fees, insurance co-payments, and private medical services.

Transaction Profile

High value, low to moderate frequency, mixed card-present and CNP, insurance billing, payment plans

Card Network Notes

Healthcare interchange rates may apply. Large-ticket interchange available for high-value procedures. Networks support instalment payment arrangements.

Risk & Compliance

Risk is low. Despite high individual transaction values, the institutional nature of hospital billing and insurance involvement result in very low chargeback rates.

Common Merchants

NHS Trust hospitals (private patient units), Bupa Cromwell, HCA (The London Clinic), King Edward VII's, Spire hospitals, Cleveland Clinic, Johns Hopkins, Mayo Clinic, Kaiser Permanente, Mount Sinai

Transaction Profile

High value, low to moderate frequency, mixed card-present and CNP, insurance billing, payment plans

Card Network Notes

Healthcare interchange rates may apply. Large-ticket interchange available for high-value procedures. Networks support instalment payment arrangements.

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