MCC 6540
Prepaid Cards and Wallet Top-Ups
MCC 6540 covers prepaid card purchases and loads, and e-wallet top-ups. Card networks list it as “Non-Financial Institutions – Stored Value Card Purchase/Load”.
Card schemes and acquirers treat this category as high risk. Expect enhanced due diligence, higher fees and rolling reserves, and in many cases card scheme registration.
Related categories include MCC 4814 for telecom services, MCC 5947 for gift shops, and MCC 6051 for crypto, currency exchange and money orders.