Payment Pricing is committed to bringing you the latest information on all your payment processing questions. Our aim is to save your business money, with every transaction.
The Merchant Category Code (MCC) 6011 is specifically designated for **Financial Institutions - Automated Cash Disbursements**. This code is used to classify businesses that provide automated cash disbursement services, such as financial institutions that facilitate electronic transactions and disbursements. It is assigned by payment networks like Visa, MasterCard, American Express, and Discover to ensure accurate categorization and compliance with financial regulations. Businesses operating under this code typically offer automated payment solutions, making it a crucial classification for financial services providers.
The Merchant Category Code 6011 belongs to the Miscellaneous Stores Category.
The Merchant Category Code for Automated Cash Disburse is 6011. It belongs to the Miscellaneous Stores category.