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**Merchant Category Code 4814: Telecommunication Services**The Merchant Category Code (MCC) 4814 is specifically designated for businesses that provide telecommunication services, including but not limited to prepaid phone services and recurring phone services. This MCC classification is crucial for payment processing as it helps credit card associations and banks identify the nature of the transactions, thereby influencing processing fees and risk assessments. Businesses operating under MCC 4814, such as telecommunications providers, must comply with specific regulations and registration requirements to ensure smooth transaction processing and minimize the risk of disputes and chargebacks.