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Merchant Category Code 4899: Cable, Satellite, and Other Pay Television and Radio Services
The Merchant Category Code 4899 is specifically designated for businesses involved in cable and satellite television services, as well as other pay television and radio services. This code is crucial for payment processing, as it helps banks and credit card companies categorize transactions and determine processing rates. Businesses classified under MCC 4899 include cable providers, satellite TV operators, and radio broadcasting services. Properly assigning this code ensures accurate transaction processing and helps merchants avoid higher than necessary processing fees.