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What is the usefulness of MCC?

  • Thread starter Thread starter Bhavik567
  • Start date Start date
  • Replies Replies 21
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Bhavik567

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How do CC companies care what I use my card for as long as they get their 2-3%? Could anyone possibly shed some light on this? I mean if a platform shares 3% with credit card companies and facilitates rent/utility payment, why would CC companies not be ok with that?
 
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