Tag: Apple Pay

Wise’s “Clean” Image Meets MCC 7995: Gambling Payments, Hidden Merchants, and a Customer’s Raw-Data Allegation

Illegal gambling Reg Techer -
A Wise customer has accused the fintech of obscuring gambling-related card transactions by displaying Apple Pay or incomplete merchant information instead of the real payee, even though the transactions allegedly carried MCC 7995, the card-network code for gambling. The customer has already escalated the matter to the FCA and the Financial Ombudsman Service. FinTelegram has reviewed substantial material and sees a serious contradiction worth investigating:.