MCC 4816 - Information Services 
The Merchant Category Code 4816, known as "Information Services," is primarily used for businesses that provide telecommunication and data services. This includes establishments that offer internet access, data processing, and various information retrieval services. These businesses are integral in facilitating the flow of information across digital platforms, delivering essential services that keep consumers and enterprises connected and informed.
Types of Services
- Internet Services: Businesses offering broadband, DSL, and fiber optic internet services.
- Data Processing: Companies involved in processing large volumes of data, including cloud storage services.
- Information Retrieval Services: Platforms that offer databases or information repositories for research and data analysis.
- Telecommunications: Providers of essential communication services, such as voice over IP (VoIP) and other digital communication services.
Related MCCs
- MCC 4812: Telecommunication Equipment and Telephone Sales: While 4816 focuses on services, 4812 is specific to the sale of telecommunication hardware, differentiating the provision of goods from services.
- MCC 4899: Cable, Satellite, and Other Pay Television and Radio Services: This code covers media services over cable and satellite, which complements the broader data and information services in MCC 4816.
- MCC 7372: Computer Programming, Data Processing, and Integrated Systems Design Services: Similar to 4816, this relates to data handling but is more focused on customized software and system design services.
FAQs
- What types of transactions fall under MCC 4816?
- This MCC includes transactions for internet access, data services, telecommunications, and information retrieval services. - Why is understanding MCC 4816 important for businesses?
- Knowing this MCC helps businesses accurately process transactions and avoid misclassification, which could affect fees and compliance reports. - Can small businesses be classified under MCC 4816?
- Yes, small businesses providing services like web hosting or local ISPs can be classified under this MCC, provided their services align with its description.
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