EXPANDED MERCHANT GUIDE · VISA · OCTOBER 2026
MCC 4829:
Money Transfer
Transfers to a named recipient. Money transmission moves customer funds rather than selling an ordinary product, making identity, fund flows and permitted activity central.
View the source & scope ↓THE CLASSIFICATION
What does MCC 4829 cover?
Transfers to a named recipient.
The code belongs to the Financial & property services group in this directory. The acquirer must confirm the appropriate assignment for the merchant and the relevant card network.
ILLUSTRATIVE BUSINESS FIT
What could a matching business look like?
- A licensed remittance business
- A qualifying money-transfer service
These examples illustrate the classification. They are not verified NUMUS customers or confirmed transaction-level assignments.
LOOK BEYOND THE LABEL
Risk & provider review
Money transmission moves customer funds rather than selling an ordinary product, making identity, fund flows and permitted activity central.
Why this category sits here
- Movement of funds
- Sender and recipient verification
Operating assumptions
Identifiable authorized parties, lawful activity and documented fund or collateral flows; specialist review remains necessary.
What could raise the risk?
- Cross-border or anonymous transfers
- Unclear licensing or source of funds
Assessment basis: Individual business-category assessment. This is an editorial category assessment, not a bank’s rating, an individual merchant decision, a forecast of losses or a promise of approval.
How we assess risk & source references ↗No specific high-integrity-risk flag is reproduced here from the reviewed Visa classification section. This is not an exemption or a finding that no other requirements apply.
Questions worth preparing
- Who sends funds, who receives them and which parties hold them?
- What licenses or registrations cover the service and markets?
- How are screening, verification, fraud and customer disputes managed?
Your provider may also ask about transaction size, monthly volume, refunds, disputes, customer locations and delivery timing. Use your actual business facts when discussing the code.
THE DISTINCTIONS MATTER
Nearby codes to understand
Compare the definitions rather than choosing whichever code appears more favorable. Separate activities or network rules can change the correct treatment.
CHECK THE REFERENCE
Source, date & scope
Code and classification reference: Visa Merchant Data Standards Manual, October 2026. Directory reviewed November 3, 2026.
Visa source · PDF page 55 · printed page 52 ↗Network descriptions and requirements can differ. This entry does not assert complete Mastercard coverage. Confirm current classifications and any special registration requirements with your acquirer.
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THE BUSINESS BEHIND THE CODE
Find processing that fits
your actual business.
Your MCC is one piece of the conversation. Tell NUMUS what you sell, how you deliver it, and how your customers pay. We’ll help you take the next step.