M00011236
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RETAIL FINANCIAL SERVICES - MERCHANT CATEGORY CODES
American Bankers Association
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Availability date: 11/04/2021
Foreword
1 Scope
2 Terms and definitions
3 Merchant category codes
4 Application for code value additions, changes and deletions
4.1 Application procedure
4.2 Criteria for approval of a new merchant category code
4.3 Criteria for approval of a merchant category code
change or deletion
5 Registration and Maintenance Management Group (RMMG)
5.1 Constitution
5.2 Responsibilities
5.3 Voting procedures
6 Maintenance Agency (MA)
6.1 Appointment
6.2 Resignation
6.3 Responsibilities
7 Appeal process
7.1 Appeal bodies
7.2 Information to be provided
8 Publication of changes to ISO 18245
Annex A (normative) Merchant category codes
Annex B (normative) Merchant category code application
Annex C (informative) Decision process for merchant category
code applications
Specifies code values used to enable the classification of merchants into specific categories based on the type of business, trade or services supplied. Also establishes the procedures for a Registration and Maintenance Management Group (RMMG), which considers requests for new code values, and a Maintenance Agency (MA), which provides the administrative procedures required to maintain an up-to-date list of codes.
Published | |
Document Type | Standard |
Status | Current |
Publisher | American Bankers Association |
Pages | |
ISBN | |
Committee | X9 |
Supersedes |
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