Understanding Merchant Category Code 5013: Motor Vehicle Supplies and New Parts
Payment processors assign a four-digit Merchant Category Code (MCC) to classify a business by its goods or services. These codes, established by the ISO (International Organization for Standardization), are universally accepted by most card-issuing organisations.
Merchant Category Code (MCC) 5013 classifies transactions for businesses engaged in providing motor vehicle supplies and new parts. Understanding MCC codes is crucial for businesses to streamline their operations and ensure proper transaction classification.
What Businesses Fall Under MCC 5013?
MCC 5013 is essential for companies in the motor vehicle industry.
Types of Businesses Included:
- Auto Parts Stores: Businesses that offer new parts and accessories for motor vehicles.
- Motor Vehicle Supplies Retailers: Providers of components like tyres, brakes, and electrical systems.
- Wholesale Distributors: Suppliers distributing bulk motor vehicle parts to retailers or direct consumers.
- Specialty Auto Parts Dealers: Companies focused on custom and performance vehicle parts.
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