MCC 8931: Accounting, Auditing, and Bookkeeping Services
MCC 8931 is the merchant category code for accounting, auditing, and bookkeeping services. Visa, Mastercard, Discover, and American Express assign it to businesses such as CPA firms, bookkeepers, and tax preparers.
- Code
- 8931
- Category group
- Professional Services and Membership Organizations
- Risk rating
- Standard risk
Which businesses use MCC 8931?
Acquiring banks assign MCC 8931 to merchants whose primary line of business is accounting, auditing, and bookkeeping services. Common examples include:
- CPA firms
- Bookkeepers
- Tax preparers
Is MCC 8931 considered high risk?
Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
How does MCC 8931 affect processing fees?
MCC 8931 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the professional services and membership organizations 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 8931 mean?
MCC 8931 is the merchant category code for Accounting, Auditing, and Bookkeeping Services. Card networks use it to classify transactions from businesses such as CPA firms, bookkeepers, and tax preparers.
Is MCC 8931 high risk?
MCC 8931 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 8931?
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 8931 does not describe the primary line of business.