There are also a few things Visa has which don’t exist with Mastercard, such 9700 “Automated Referral Service” (whatever that means).
I also noticed that Mastercard has an extra Gambling category over Visa – 9754 – for “Gambling-Horse, Dog Racing, State Lottery”. Other things like bank funding might occasionally be dependent on this category as well, making Mastercard slightly more ideal when attempting a bank-related transaction. We’ve seen, for example, that Plastiq is able to accept Mastercard for mortgage payments and not Visa. It might be that there are certain transactions that Visa codes as cash advance – and thus don’t have a credit MCC – whereas Mastercard codes them as a purchase. (US10,000.00) it is left to the discretion of the individual officer whether to do so. currency equivalent of ten thousand US dollars. It is not mandatory to re port quasi-cash tran sactions exceeding the national.
QUASI CASH CODE
Specifically, code 6050 “Quasi Cash–Member Financial Institution” is only used by Mastercard, and skipped by Visa. quasi cash - Spanish translation Linguee. u/Economist makes the astute observation that there are various categories within the Financial sector which only exist in Mastercard’s book and not in Visa’s. The vast majority of the MCC code are the same for Visa and Mastercard. This Citibank document was discovered by Reddit user Econ0mist, and reader KS supplied the Visa and Mastercard links. (Note, the Visa Supplier Locator is presumably kept up to date while the info in this document is subject to change over time.)
We’ve long known about the Visa Supplier Locator which gives this kind of MCC data I don’t believe there has ever been publicly available information on how Mastercard codes and where they differ until now.
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