Are there specific merchant category codes for Bitcoin ATMs?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, there are specific merchant category codes (MCCs) for Bitcoin ATMs. The MCCs assigned to Bitcoin ATMs usually fall under the 'Financial Institutions - Automated Cash Disbursements' category. This category is used to classify ATMs that dispense cash, including Bitcoin ATMs. It helps merchants and payment processors identify the type of transactions being conducted at Bitcoin ATMs.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Bitcoin ATMs have their own merchant category codes (MCCs). These codes are used to classify transactions made at Bitcoin ATMs and help with merchant categorization. Bitcoin ATMs typically fall under the 'Financial Institutions - Automated Cash Disbursements' category, which is where you'll find other types of ATMs as well. So, if you're a merchant or a payment processor, you can use these codes to differentiate Bitcoin ATM transactions from other types of transactions.
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• Dec 26, 2021 · 3 years ago
  Yes, there are specific merchant category codes (MCCs) for Bitcoin ATMs. These codes are used to categorize transactions made at Bitcoin ATMs and help with tracking and reporting purposes. Bitcoin ATMs are usually assigned the MCC 6012, which is the code for 'Financial Institutions - Automated Cash Disbursements'. This code is also used for other types of ATMs that dispense cash. So, if you're a merchant or a payment processor, make sure to include this code in your categorization system to accurately identify Bitcoin ATM transactions.
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