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.
**Merchant Category Code 8661: Religious Organizations**The Merchant Category Code 8661 is specifically designated for religious organizations that provide worship services, religious training, or study, and engage in various religious activities. This code encompasses a wide range of institutions, including chapels, churches, mosques, synagogues, and temples. Understanding and correctly classifying your organization with MCC 8661 is crucial for optimizing credit card processing rates, as it often results in lower interchange fees compared to for-profit businesses. This classification ensures that donations and contributions are processed efficiently, allowing more funds to be directed towards the organization's mission and charitable activities.