Examples of MCC in a sentence
Should Merchant’s MCC change after execution of this Agreement, Merchant shall not submit, deposit or process any Transactions until receiving Bank’s written approval of MCC change.
Merchant may not accept Card payments for products and/or services delivered to Cardholder that are not directly applicable to the Merchant Category Code (MCC) entered on the Merchant Application, for which Merchant was approved.
Merchant will accept without discrimination, all valid Cards as indicated by Merchant on the Merchant Application when properly presented by Cardholders for payment for goods or services within the Merchant’s Category (MCC) of acceptance.
Merchant understands that accepting payments for goods and/or services not directly relating to the approved MCC will result in termination of this Agreement.
A student on suspension that cannot return to a satisfactory status within one additional semester must meet with an MCC Counselor and develop a Financial Aid Academic Plan.