Regarding MCC 4916

[ankur9508]

Hello Technofino Community,
Few days ago I opened a current account in SBI bank and onboarded as an merchant. I runs a small grocerry shop but accidentally they assigned me MCC 4916(Computer Network/Information Service)which is High - Risk MCC and often considerd as Ulitlity.

So i want an opinion whether i should correct my MCC by visiting branch or can i get any cashback or rewards by doing transaction on this MCC?

 

[vaibhav111vaibhav111 is verified member.]

Hello Technofino Community,
Few days ago I opened a current account in SBI bank and onboarded as an merchant. I runs a small grocerry shop but accidentally they assigned me MCC 4916(Computer Network/Information Service)which is High - Risk MCC and often considerd as Ulitlity.

So i want an opinion whether i should correct my MCC by visiting branch or can i get any cashback or rewards by doing transaction on this MCC?

don't indulge in such activity, your cc and merchant account will both be blocked soon or later., tons of thread on this cause cashback amount given can be reversed and you will loss rather than focus on business and improve your skills. and yes do correct the MCC if you feel it wrong mcc assigned to you. how it will done that others can answer if they know how.