MCC 8249 - Education

The Merchant Category Code (MCC) 8249 is designated for transactions related to educational services. This MCC primarily serves institutions and businesses offering non-degree awarding courses and instructional services. It encompasses a variety of educational businesses ranging from vocational training facilities to private tutoring services, focusing on skill development and personal enrichment.
Types of Services
- Vocational and Technical Training: Includes schools that offer practical training in areas such as automotive repair, culinary arts, cosmetology, and technical trades.
- Continuing Education: Facilities offering coursework for adults seeking to enhance their knowledge or gain certifications in specific fields.
- Test Preparation Services: Businesses that specialize in preparing students for standardized tests, including SAT, ACT, GRE, and other professional exams.
- Language Schools: Organizations providing language instruction in languages such as English, Spanish, French, etc.
- Tutoring Services: Private or group tutoring sessions catering to various subjects, including maths, sciences, and humanities.
Related MCCs
- MCC 8220: Colleges, Universities, and Professional Schools: This code covers degree-granting institutions offering formal education leading to a diploma or degree.
- MCC 8299: Schools and Educational Services Not Elsewhere Classified: Includes other education services not specifically covered under other MCCs, such as specialized training camps or instructional seminars.
FAQs
- What types of transactions are categorized under MCC 8249?
- Transactions for non-degree courses, vocational training, test prep, and tutoring services fall under this category. - Can universities use MCC 8249?
- Typically, no. Universities would use MCC 8220 as they offer degree-granting programs. - Why is it important to use the correct MCC?
- Using the correct MCC ensures proper risk assessment and fee structures and helps in compliance with financial regulations.
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