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An MCC reflects the primary category in which a merchant does business and may be used: to determine the interchange fee paid by the merchant, with riskier lines of business paying higher fees; by credit card companies to offer cash back rewards or reward points for spending in specific categories [4] [5]
RFID is synonymous with track-and-trace solutions, and has a critical role to play in supply chains. RFID is a code-carrying technology, and can be used in place of a barcode to enable non-line of sight-reading. Deployment of RFID was earlier inhibited by cost limitations but the usage is now increasing.
An ISO 8583 message is made of the following parts: Message type indicator (MTI) One or more bitmaps, indicating which data elements are present. It consists of primary bitmap and secondary bitmap. The first bit of the primary bitmap indicates whether the secondary bitmap is present or not. Data elements, the actual information fields of the ...
ISO 18245 is an ISO standard concerning the assignment of merchant category codes (MCC) in retail financial services. These are used to control usage of corporate credit cards . MCCs are assigned by merchant type (e.g. one for hotels , one for office supply stores, etc.), with each merchant being assigned an MCC by the bank .
The first 3 digits represent the mobile country code (MCC), which is followed by the mobile network code (MNC), either 2-digit (European standard) or 3-digit (North American standard). The length of the MNC depends on the value of the MCC, and it is recommended that the length is uniform within a MCC area. [ 2 ]
Business Planning and Control System (BPCS) is an Enterprise Resource Planning (ERP) software product. [ 1 ] BPCS , the acronym for the software, is pronounced as "Bee picks" or "Bee pecks" in Spanish-speaking countries.
ANIMO (Animal Movement System), a computer-based tracking system for animal movements, was set up in 1990. [7] Its creation was triggered by directive 90/425/CEE. [8] On 15 July 1991, the directive of the Council 91/496/CEE [9] defined the veterinary checks to be carried out on imported goods from non-EU countries.
Multiversion concurrency control (MCC or MVCC), is a non-locking concurrency control method commonly used by database management systems to provide concurrent access to the database and in programming languages to implement transactional memory.