Financial Services

MCC 6300

Insurance Sales, Underwriting

medium Risk

Risk Assessment

This MCC may face some restrictions or higher rates depending on the acquirer. Some mainstream PSPs may decline.

Slightly elevated rates possible. Expect 2.5-4% depending on specific business model and volume.

5-10% rolling reserve may be required initially, often released after 6-12 months.

Some mainstream PSPs may decline. Specialized acquirers recommended for best terms.

Extended underwriting. 1-3 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

Real Estate Agents and Managers - Rentals

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