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MCC 8664 - Miscellaneous

mcc 8664

The Merchant Category Code (MCC) 8664 is categorized as "Miscellaneous" and is primarily used for nonprofit organizations. This MCC is designed to accommodate a wide range of nonprofit entities, including charities, foundations, and educational institutions, allowing them to process credit card payments with ease while reflecting their unique operational needs.

Category: Not categorized

Types of Services

  • Charitable Organizations: Includes nonprofit entities focused on providing aid and support to various causes, such as health, education, or the arts.
  • Foundations: Encompasses organizations that manage funds to support charitable activities or provide grants.
  • Educational Groups: Covers nonprofit institutions that provide educational services or funding, such as scholarships or educational materials.
  • Social Advocacy Groups: Pertains to nonprofits involved in societal improvement, public policy advocacy, or similar movements.

Related MCCs

  • MCC 8398: Charitable and Social Service Organizations – Fundraising: Specifically for charitable organizations engaged in fundraising activities.
  • MCC 8699: Membership Organizations not Elsewhere Classified: For miscellaneous membership organizations not classified under other specific MCCs.
  • MCC 8211: Elementary and Secondary Schools: Covers educational institutions providing primary and secondary education services.

FAQs

  • What types of transactions are processed under MCC 8664?
    - This MCC is used for transactions related to donations, membership fees, and any other payments made to nonprofit organizations.
  • Who can use MCC 8664?
    - Primarily nonprofit organizations, including charities, foundations, and educational institutions, can use this MCC.
  • How does MCC 8664 benefit nonprofits?
    - It allows nonprofit organizations to categorize their credit card transactions, potentially reducing processing fees and ensuring compliance with relevant regulations.
  • Is MCC 8664 applicable for for-profit entities?
    - No, it is specifically tailored for nonprofit organizations and is not suitable for for-profit businesses.

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