Issues with MCC Codes across Transactions

[Walter White]

As I was looking at my SBI Card statement, I tried to analyse few of my transactions due to points mismatch. Some of the observations:

• Paytm Wallet Loads were classified as Utilities and Travel
• One of my spends at Netmeds came under Stationary
• One of spends at Apparel on Amazon were tagged as Grocery
• A spend at a cookie store assigned to apparel
• Purchase of mouse from Flipkart also assigned to apparel
• Spends at McDonald's tagged under Supermarket
• Some transactions made at same shop being classified under Grocery while some under Restaurant and the remaining under Supermarket

The list is too long. Coming to the point, why are payment processors careless when assigning codes to merchants?

Even though there will always be some inconsistency amongst card networks, as credit card users, we will be the one losing out on reward points due to incorrect MCC codes.

Small inconsistencies are understandable, but assigning MCC code to a merchant which has no relation to the code is baffling.

 

[Deleted member 2540]

As I was looking at my SBI Card statement, I tried to analyse few of my transactions due to points mismatch. Some of the observations:

• Paytm Wallet Loads were classified as Utilities and Travel
• One of my spends at Netmeds came under Stationary
• One of spends at Apparel on Amazon were tagged as Grocery
• A spend at a cookie store assigned to apparel
• Purchase of mouse from Flipkart also assigned to apparel
• Spends at McDonald's tagged under Supermarket
• Some transactions made at same shop being classified under Grocery while some under Restaurant and the remaining under Supermarket

The list is too long. Coming to the point, why are payment processors careless when assigning codes to merchants?

Even though there will always be some inconsistency amongst card networks, as credit card users, we will be the one losing out on reward points due to incorrect MCC codes.

Small inconsistencies are understandable, but assigning MCC code to a merchant which has no relation to the code is baffling.

ILA ka Dimag dhila hai.

ILA do not reflect correct categories.

For a few Txns It may be correct but not for all txns.

If you really want to know Category, Directly ask MCC via E-Mail Option in SBI Card App.

 

[Abhishek012]

3rd party flight booking sites k toh bataye nahi jo Railway MCC category me registered hai.

UPI MCC category ka bhi bahot galat salat registered hai alost saare merchants k sath except few.

 

[Deleted member 2540]

3rd party flight booking sites k toh bataye nahi jo Railway MCC category me registered hai.

UPI MCC category ka bhi bahot galat salat registered hai alost saare merchants k sath except few.

Wrong MCC se disadvantage hai toh advantage bhi hai.

All CC Bill Payments Portal are using Wrong MCC, due to which we are able to extract upto 5% additional cashback.

 

[Walter White]

ILA ka Dimag dhila hai.

ILA do not reflect correct categories.

For a few Txns It may be correct but not for all txns.

If you really want to know Category, Directly ask MCC via E-Mail Option in SBI Card App.

Ho sakta hai. IPL ticket ko bhi travel me dikha raha tha. 🤣

 

[Tejo]

Wrong MCC se disadvantage hai toh advantage bhi hai.

All CC Bill Payments Portal are using Wrong MCC, due to which we are able to extract upto 5% additional cashback.

Upto 5% on cc bill pay, how ?

 

[Deleted member 2540]

Upto 5% on cc bill pay, how ?

Oops! We ran into some problems.

www.technofino.in

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[drsel]

Flipkart is MCC 5964 used for Direct Marketing – Catalog Merchant and other similar services

 

[shiv24]

Flipkart is MCC 5964 used for Direct Marketing – Catalog Merchant and other similar services

Just adding to this, even Flipkart Grocery the MCC is 5964. Weird..!!

 

[Sahil_07]

Oops! We ran into some problems.

www.technofino.in

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hi bro, if we cancel partial order ,is there any possibility of changes in the mcc code? (example if we buy a normal product and grocery item from Amazon then cancel one)

 

[Tejo]

hi bro, if we cancel partial order ,is there any possibility of changes in the mcc code? (example if we buy a normal product and grocery item from Amazon then cancel one)

nope .. ..