Hi,
As you all know, typically we make bill payments via intermediate merchants like Paytm, Payzapp, Phonepe, Amazon, Paypal etc.
Recently, received notice from Axis Credit Cards that :
Purchase transactions performed on these Merchant Category Codes (MCC) as allotted by Visa or MasterCard shall not earn EDGE REWARDS: Wallets (6540)
Now I understand something similar is the case for HDFC Cards too. But this is new for Axis Card.
So wanted to get tips/guidance on how to check which of these merchants fall under above Wallet MCC.
Also if we make payment via Paytm/Phonepe/Payzapp/Amazon directly for the utility bills, without loading money in wallet, will it still be considered as Wallet or not.