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The Merchant Category Code (MCC) 7801 is specifically designated for **Government-Licensed Casinos (Online or Internet Gambling)**. This code is used to identify businesses that operate online gambling platforms, ensuring that transactions related to these activities are accurately tracked and reported by payment networks. It is crucial for regulatory compliance and risk management in the financial industry, as it helps in enforcing rules and restrictions related to high-risk transactions. By using MCC 7801, financial institutions can effectively monitor and manage the processing of online gambling transactions, adhering to industry standards and regulatory requirements.
The Merchant Category Code 7801 belongs to the Business Services Category.
The Merchant Category Code for is 7801. It belongs to the Business Services category.