Management, Consulting & Public Relations Services
Management consulting, PR and business advisory.
What MCC 7392 covers
Merchant Category Code 7392 is the ISO 18245 identifier used by the card networks for management, consulting & public relations services. Acquirers, issuers and regulators use this code to set interchange, scheme fees, fraud rules and reporting categories for every transaction your business processes.
Management consulting, PR and business advisory. Choosing the right MCC is critical: an incorrect code can lead to higher interchange, surcharges, or, in regulated categories, declined transactions and account holds.
MCC 7392 covers management, consulting, and public relations services, encompassing a wide array of professional advisory and communication services. This includes strategic consultants, business coaches, PR agencies, and organisational development specialists.
Transaction sizes are typically high-ticket, ranging from several hundred to tens of thousands of pounds per project or retainer. Frequency often involves recurring monthly retainers for ongoing services or milestone-based payments for project work.
Chargebacks are generally low but can arise from disputes over project scope, deliverables not meeting expectations, or perceived lack of value. Given the intangible nature of the service, clear contracts and communication are crucial.
Cardflo's support for B2B payment solutions, including account-to-account (A2A) transfers and flexible invoicing options, is highly advantageous for these merchants, facilitating large-value transactions with lower fees and enhanced security. Our KYB onboarding also ensures regulatory compliance for professional service providers.
Acquirer & underwriting stance
Low-risk standard board. These are professional service providers with established client relationships.
Standard underwriting applies, focusing on clear service agreements and business reputation. Reserves are uncommon unless other risk factors are identified.
How Cardflo handles MCC 7392
- Underwriting with acquirers that actively board MCC 7392 businesses in your region.
- B2B card-not-present processing with Level 2 and Level 3 data support.
- Virtual-card, AP-automation and procurement-card acceptance.
- Invoice-linked payment flows and pay-by-link options for receivables teams.
- Settlement and reconciliation that maps cleanly to ERP and accounting systems.
Payment methods typically enabled
Common questions
What is the best way to manage payments for high-value consulting contracts to avoid chargebacks?
For high-value consulting contracts, mitigating chargeback risk involves clear, detailed contracts outlining deliverables, timelines, and payment schedules. Using phase-based or milestone payments rather than a single upfront charge can also help.
For card payments, ensure 3D Secure is always used. For larger invoices, encourage bank transfers or open banking payments, which are non-reversible, and which Cardflo supports with full reconciliation.
How can a PR agency accepting international clients streamline multi-currency payments?
PR agencies serving international clients can streamline payments by offering local currency pricing and local payment methods relevant to their client's region.
Cardflo's global acquiring network enables processing in multiple currencies with competitive FX rates and facilitates settlement in the merchant's preferred currency, reducing conversion costs and providing a localised payment experience.
Are B2B consultant payments eligible for 3D Secure exemptions?
While B2B transactions are generally considered lower risk, 3D Secure (3DS) is still highly recommended for card-not-present B2B payments, especially for new client relationships or high-value one-off invoices.
Exemptions, such as those for 'merchant-initiated transactions' for recurring retainers, can apply after an initial 3DS authenticated payment, but explicit '3DS Liability Shift' is important for protecting against fraud-related chargebacks on a per-transaction basis.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.