SSIC 66195—Transaction/payment processing services

Where 66195 sits

1. L Financial and insurance activities
2. 66 Activities auxiliary to financial service and insurance activities
3. 661 Activities auxiliary to financial service activities, except insurance and pension funding
4. 6619 Other Activities Auxiliary to Financial Service Activities
5. 66195 Transaction/payment processing services

What 66195 includes

• This sub-class includes financial transaction processing for credit card transactions.
• Provision of digital custodian wallet services, i.e., the service of safekeeping and administration of digital payment tokens or instruments allowing user to transfer or receive digital payment tokens
• Activities of payment providers, e.g., electronic funds transfer services, including peer-to-peer payment services

What 66195 excludes

• Trading of virtual currency, including digital payment tokens, see 64999
• Trustee, fiduciary and custody services firms (including nominee companies, trustees and REIT trustees), see 66191
• Corporate finance advisory services, see 66192
• Clearing and settlement of financial instruments other than credit card transactions, see 66193

66195 in other systems