ISO 18245:2003
Retail financial services - Merchant category codes
- Standard No.
- ISO 18245:2003
- Release Date
- 2003
- Published By
- International Organization for Standardization (ISO)
- Status
- 2023-02
- Replace By
- ISO 18245:2023
- Latest
- ISO 18245:2023
- Scope
- This International Standard 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. This International Standard 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 this International Standard to mandate the use of merchant category codes in any given situation.
ISO 18245:2003 history
- 2023 ISO 18245:2023 Retail financial services — Merchant category codes
- 2003 ISO 18245:2003 Retail financial services - Merchant category codes
