How can I prevent my cryptocurrency transactions from being declined by the issuer due to MCC?

3 answers

• Feb 18, 2022 · 3 years ago
  One way to prevent your cryptocurrency transactions from being declined by the issuer due to MCC is to ensure that you are using a reputable and trusted cryptocurrency exchange. Some exchanges may have higher MCC codes, which can increase the chances of your transactions being declined. By using a well-established exchange with a good reputation, you can reduce the risk of your transactions being declined due to MCC.
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• Feb 18, 2022 · 3 years ago
  To prevent your cryptocurrency transactions from being declined by the issuer due to MCC, it's important to check the MCC code of the merchant you are transacting with. Some merchants may have MCC codes that are flagged by issuers as high-risk or suspicious. By avoiding transactions with merchants that have high-risk MCC codes, you can reduce the chances of your transactions being declined.
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• Feb 18, 2022 · 3 years ago
  At BYDFi, we understand the frustration of having your cryptocurrency transactions declined due to MCC. To prevent this from happening, we recommend checking the MCC code of the merchant before making a transaction. If the merchant has a high-risk MCC code, it's best to avoid making a transaction with them. Additionally, using a cryptocurrency exchange with a low MCC code can also help prevent your transactions from being declined by the issuer.
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