He predicts the House will pass the measure if it comes up for a vote. âNine-tenths of these guys know the Russians interfered in our election,â he said. âThe question is will the White House pressure the House Republican leadership not to bring this bill to a vote.â
Merchant Category Codes. MasterCard, Visa, and online debit card networks (card types 013-018, 021-027, and 029-. 030) use a 4-digit numeric merchant category code (MCC) to identify the type of business. conducted by a merchant. Merchant category codes are used when a new merchant account is added to the System. They are also used in warning bulletins, authorizations, chargebacks, settlement, and in certain. types of transactions classified as âquasi-cashâ transactions by Visa. Merchant category groups (MCGs) are used with the Commercial Market Analysis product and. are general categories under which merchant category codes fall.
BREAKING DOWN 'Cash On Delivery-COD'. This type of transaction is usually done through a shipping company and allows both the seller and the buyer of the product to minimize the risk of fraud or default.COD allows the purchaser to pay at the time of delivery instead of having to pay upfront.ash on delivery, also referred to as COD, is a method of shipping goods to buyers who do not have credit terms with the seller.