Hospitals
General medical and surgical hospitals.
What MCC 8062 covers
Merchant Category Code 8062 is the ISO 18245 identifier used by the card networks for hospitals. Acquirers, issuers and regulators use this code to set interchange, scheme fees, fraud rules and reporting categories for every transaction your business processes.
General medical and surgical hospitals. Choosing the right MCC is critical: an incorrect code can lead to higher interchange, surcharges, or, in regulated categories, declined transactions and account holds.
This MCC covers general medical and surgical hospitals. Transactions are typically high-ticket, often involving significant co-pays, deductibles, or full payment for uninsured services.
Payment frequency can be episodic for acute care or recurring for ongoing treatments.
Chargeback rates are generally low, given the critical nature of services and direct interaction. Disputes might arise from billing errors, disagreements over covered procedures, or 'no show' fees.
Visa and Mastercard classify this as a regulated medical service, falling under specific healthcare programmes.
Cardflo's extensive acquiring network and MID routing capabilities ensure optimal approval rates for high-value transactions, especially important in instances where multiple payment attempts with differing banks might be needed for large sums.
Acquirer & underwriting stance
Low-risk standard board, often benefitting from specific scheme programmes for healthcare. Reserves are typically not required, assuming stable operations and proper regulatory compliance.
How Cardflo handles MCC 8062
- Underwriting with acquirers that actively board MCC 8062 businesses in your region.
- Subscription and membership-billing infrastructure built for recurring revenue.
- Member-data tokenisation that survives card reissues and updates.
- Dunning and retry logic tuned to professional-services renewal patterns.
- Reporting aligned with how associations and professional bodies close their books.
Payment methods typically enabled
Common questions
How do hospitals manage card-not-present (CNP) transactions for pre-payments or remote billing?
Hospitals often use secure payment portals or virtual terminals for CNP transactions. Implementing 3D Secure 2.
0 (3DS2) is crucial to authenticate cardholders and shift liability for fraud to the issuer, protecting the hospital from 'Card Not Present' chargebacks. For large payments, 3DS2 can also facilitate exemptions for low-risk transactions.
Are there specific scheme compliance requirements for hospitals regarding patient data?
While PCI DSS covers payment card data security, hospitals must also comply with broader data protection regulations like GDPR in Europe or HIPAA in the US, given the sensitive nature of patient health information.
Payment gateways and acquirers must ensure their systems are compatible with these requirements, particularly when handling patient identifiers alongside payment details.
What is the typical chargeback window for medical services like those offered by hospitals?
The general chargeback window is 120 days from the transaction date or the service date, depending on the reason code. For 'Services Not Rendered' or 'Quality of Service', the clock often starts from the date the service was expected or performed.
Hospitals should maintain detailed records of patient consent, services rendered, and billing communications to defend against disputes.
Other MCCs in Professional Services & Membership
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