The following types of merchants may set a maximum transaction amount to accept a MasterCard card that accesses credit, as long as the maximum transaction amount does not differentiate between issuers, or between MasterCard and other acceptance brands:
• a department, agency or instrumentality of the U.S. Government;
• a corporation owned or controlled by the U.S. Government; or
• a merchant whose primary business is reflected by one of the following card acceptor
business codes (MCCs):
– MCC 8220—Colleges, Universities, Professional Schools, and Junior Colleges;
– MCC 8244—Schools, Business and Secretarial; or
– MCC 8249—Schools, Trade and Vocational.
Click here to download the MasterCard Fact Sheet, Setting a Minimum or Maximum Transaction Amount – Frequently Asked Questions.
As a reminder, certain education and government merchants located in the U.S. region may participate in the MasterCard Convenience Fee Program, which enables qualified merchants to assess MasterCard cardholders a convenience fee when cardholders pay with a MasterCard card. To learn more about the MasterCard Convenience Fee Program merchants should contact their acquirer or click here.