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ISO 18245:2003
Retail financial services - Merchant category codes

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ISO 18245:2003 defines code values used to enable the classification of merchants into specific categories based on the type of business, trade or services supplied. Values are specified only for those merchant categories that are generally expected to originate retail financial transactions.

ISO 18245:2003 also establishes the procedures for a Registration and Maintenance Management Group (RMMG), which considers requests for new code values, and a Maintenance Agency (MA), which provides the administrative procedures required to maintain an up-to-date list of codes.

It is not within the scope of ISO 18245:2003 to mandate the use of merchant category codes in any given situation.

General Product Information

Document Type Standard
Status Current
Publisher:    ISO
ISO/DIS 18245
ISO 8583:1993

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PDF (Personal Use)
Published:   01 Apr 2003  
Pages: 29
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Published:   01 Apr 2003  
Delivery Time:   5-10 days
Pages: 29

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