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The Merchant Category Code (MCC) 4829 is specifically designated for **wire transfer and money order services**. This code categorizes businesses that facilitate financial transactions through wire transfers and money orders, ensuring accurate classification and processing of these transactions by payment processors. Understanding MCC 4829 is crucial for risk management, fraud prevention, and compliance purposes, as it helps identify and monitor high-risk financial activities. Businesses operating under this code must comply with stringent regulations and registration requirements to ensure smooth and secure transaction processing.
The Merchant Category Code 4829 belongs to the Utilities Category.
The Merchant Category Code for Wires, Money Orders is 4829. It belongs to the Utilities category.