Financial Services

MCC 4829

Wire Transfer and Money Orders

high Risk

Risk Assessment

This MCC requires specialized acquirers. Expect higher processing rates, rolling reserves, and stricter underwriting requirements.

Money transfer services - heavily regulated

This MCC is commonly used in the following industries we specialize in:

Higher rates typical. Expect 3.5-8% depending on vertical, volume, and chargeback history.

10-15% rolling reserve common with 90-180 day holdback periods. Negotiable with good history.

Mainstream PSPs typically decline. We work with 15+ specialized acquirers for this category.

Full underwriting required. 2-6 weeks typical.

Financial Institutions - Manual Cash Disbursements

Financial Institutions - Automated Cash Disbursements

Financial Institutions - Merchandise and Services

Non-Financial Institutions - Foreign Currency, Money Orders

Security Brokers/Dealers

Insurance Sales, Underwriting

We know which acquirers have appetite for this category. Tell us about your business and we'll find you options.