A Merchant Category Code (MCC) is a four-digit number used by the payment card industry to classify businesses based on the type of goods or services they provide. MCCs are utilized for various purposes, including credit card processing and reporting. There are approximately 600 different MCCs, each representing a specific type of business. Examples of MCCs include 4411 for Cruise Lines, 5462 for Bakeries, and 5532 for Automotive Tire Stores. MCCs help in categorizing businesses to facilitate accurate reporting and processing of transactions.
Sources:
Publication 15-A (2024)
FS-2023-6
FS-2024-3
T.D. 9136
