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China’s price wars hit investment banking as underwriters charge $100 fees

Financial Times - Banking

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

Razorpay

These codes classify merchants based on the types of goods or services they primarily offer. The merchant category code list covers a wide range of industries, from retail and dining to travel and professional services. MCCs serve as a standardised system for identifying and categorising businesses across the global marketplace.