GB/T 20548-2006

Active

Retail financial services - Merchant category codes

金融零售业务 商户类别代码

Standard Type
GBT
ICS
35.240.15
CCS
A11
Status
Active
Issue Date
2006-09-18
Implementation
2007-03-01
Centralized Committee
中国人民银行
Issuing Authority
中华人民共和国国家质量监督检验检疫总局、中国国家标准化管理委员会

Application Summary AI generated

This standard defines merchant category codes (MCCs) used in retail financial services to classify businesses by the type of goods or services they provide. It is applied in payment card transaction processing, enabling banks, acquirers, and payment networks to identify merchant types for authorization, settlement, and interchange fee calculation. The codes are essential for compliance, risk management, and data analysis in the Chinese financial services industry.

Related Standards

Transparency note: The application summary and key sentences on this page were automatically generated by AI from the standard's original text. This content has not been human-verified and should not be used for compliance or regulatory purposes. Always refer to the official standard document from the issuing authority.