MCC 6529 - Сard replenishment 
MCC 6529 is designated for card replenishment services, focusing primarily on enabling customers to add funds or re-load prepaid card accounts. This category is essential for businesses facilitating the transfer or loading of cash onto various card products, such as prepaid cards, transit cards, and mobile payment systems. Companies engaged in these financial services often use this MCC to categorize their transactions related to cash loading and card replenishment processes.
Types of Services
- Financial Institutions: Banks and credit unions that offer services to replenish customer cards directly through branches or online platforms.
- Prepaid Card Providers: Companies offering prepaid debit cards, gift cards, or travel cards, allowing users to load funds for future transactions.
- Mobile Payment Services: Digital wallets or mobile apps that enable users to top up their accounts or associated prepaid cards.
- Transit Authorities: Organizations providing services to load funds onto fare cards for public transportation systems.
Related MCCs
- MCC 4829: Money Transfer Services: Involves wire transfers and money movement services but not specifically tied to card replenishment.
- MCC 6051: Non-Financial Institutions – Foreign Currency, Money Orders (not wire transfer), and Travelers Cheques: Related to currency exchange and alternative financial products, differing from standard card loading.
- MCC 6012: Financial Institutions – Merchandise and Services: Covers a broader range of banking services, including checking or savings accounts.
FAQs
- What is the primary use of MCC 6529?
- It is primarily used for transactions involving the addition of funds to prepaid cards or similar accounts. - What types of businesses use MCC 6529?
- Mainly financial institutions, prepaid card issuers, transit authorities, and mobile payment services. - Is MCC 6529 specific to any geographical location?
- No, it is utilized internationally wherever card replenishment services are provided.
MCC Categories
Agricultural Services Airlines Business Services Car rent Cars and vehicles Clothing stores Contract services Entertainment services Government Services Hotels / Resorts Mail / Telephone Sales Membership оrganizations Miscellaneous Stores Not categorized Personal services Professional services Repair services Retail Outlet Services Service provider Transportation Services Utility Services Wholesale suppliers and manufacturers