Remove Business Remove Entertainment Remove Underwriting
article thumbnail

What is Merchant Onboarding? How it Works, Benefits & Key Players

Razorpay

In today’s competitive landscape, secure payment processing is paramount for businesses. Merchant onboarding plays a crucial role by integrating a business with payment service providers or gateways. Businesses should approach onboarding with careful planning to tailor their payment setup. What is Merchant Onboarding?

IT 40
article thumbnail

What are Merchant Category Codes (MCC)? – Importance and Examples

Razorpay

Merchant category codes (MCCs) are four-digit numbers assigned to businesses by credit card networks like Visa, Mastercard, and American Express. MCCs serve as a standardised system for identifying and categorising businesses across the global marketplace. What Are Merchant Category Codes (MCCs)? Here are some examples: 1.