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Merchant Category Codes (MCC)

Understanding Merchant Category Codes (MCC): A Comprehensive Guide

1. Introduction to Merchant Category Codes Definition and Purpose Merchant Category Codes (MCC) are four-digit codes assigned to businesses by credit card networks like Visa, Mastercard, and RuPay to classify the type of goods or services they provide. These codes are used in financial transactions to identify the nature of the merchant’s business. History and

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Swiggy HDFC Card - Hero Image

Big News! Swiggy HDFC Credit Card Cashback Plan Improved

Swiggy, India’s premier on-demand convenience platform, in partnership with HDFC Bank, has announced an enhancement to the cashback structure of its co-branded credit card, aimed at providing greater financial flexibility and value to its users. Starting today, the new cashback system will see earned cashback directly credited and adjusted against the cardholder’s outstanding balance in

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