WebOct 30, 2024 · SIC Code: If you are in the continuity and subscription industry, then you must fall in one of these SIC codes: 5968: Direct Marketing, Continuity / Subscription Merchant. 5969: Direct Marketers, Not Elsewhere Classified. 5966: Direct Marketing – Outbound Telemarketing Merchants. A good number uses code 5968 (Actually, the … WebFeb 13, 2024 · MasterCard ‘s new rules create the following conditions for merchants who use negative option billing and wish to accept orders via ecommerce platforms: MasterCard will assign merchants a merchant category code (MCC) designating them as “Direct Marketing – Continuity/Subscription Merchants”.
Continuity Subscription Merchants - PayKings
WebJul 19, 2024 · 5968: Direct Marketing, Continuity / Subscription Merchant – Membership websites/products, pornographic websites, and other adult-oriented continuity products You can browse the full list of SIC categories on the U.S. Department of Labor’s website. WebLearn how direct marketing continuity subscription merchants can increase their revenue by leveraging subscription models and creating customer loyalty. Skip to content High … todd paterson
MCC 5967: UOB
WebApr 15, 2016 · The credit card charge "AMAZON.CA PRIME MEMBER BC V6B1A9 CAN - CONTINUITY/SUBSCRIPTION MERCHANTS" was first recorded on April 15, 2016. ... WebMerchants will be assigned merchant code 5968 (Direct Marketing Continuity Subscription Merchants) and assigned as a “high-risk” merchant. This means higher fees, costly account reviews, and other payment processing obstacles. High-risk merchants are often required to submit extra paperwork to obtain credit card processing. WebFor example, the average approval rate on cards processed under MCC code 5734 (Computer Software Stores) is significantly higher than M CC code 5968 (Direct Marketing – Continuity/Subscription Merchant). Why? It’s because many merchants who have high refund and chargeback rates are under MCC 5968. pen wrap clipart