MCC 1731: Electrical Contractors
MCC 1731 is the merchant category code for electrical contractors. Visa, Mastercard, Discover, and American Express assign it to businesses such as electricians, solar installers, and lighting contractors.
- Code
- 1731
- Category group
- Contracted Services
- Risk rating
- Standard risk
Which businesses use MCC 1731?
Acquiring banks assign MCC 1731 to merchants whose primary line of business is electrical contractors. Common examples include:
- Electricians
- Solar installers
- Lighting contractors
Is MCC 1731 considered high risk?
Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
How does MCC 1731 affect processing fees?
MCC 1731 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the contracted services range share interchange programs, so two merchants with the same card mix but different MCCs can pay different wholesale rates.
Frequently asked questions
What does MCC 1731 mean?
MCC 1731 is the merchant category code for Electrical Contractors. Card networks use it to classify transactions from businesses such as electricians, solar installers, and lighting contractors.
Is MCC 1731 high risk?
MCC 1731 is generally rated standard risk. Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
Can a business change its MCC from 1731?
A business can request a different MCC through its acquiring bank. The acquirer reviews what the business actually sells and reassigns the code only if 1731 does not describe the primary line of business.