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What is Merchant Category Code MCC 5045: Computers, Computer Peripheral Equipment, Software

Understanding MCC 5045: Computers, Computer Peripheral Equipment, Software

Merchant Category Code (MCC) 5045 refers to businesses focused on computers, computer peripheral equipment, and software. This code is crucial for classifying transactions efficiently, ensuring that businesses in this sector enjoy streamlined payment processes. Understanding merchant category codes helps ensure proper financial reporting.

Types of Businesses in MCC 5045

MCC 5045 is vital for businesses dealing primarily in technology and software products. Here’s what falls under this category:

  • Computer Manufacturers and Suppliers: Businesses that design and sell computers and related hardware.
  • Peripheral Equipment Vendors: Companies offering products like printers, monitors, and other crucial computer accessories.
  • Software Developers and Distributors: Entities focused on creating and selling software solutions, from standard applications to custom-designed programs.

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Mark Stiltner

Mark Stiltner is a finance and fintech writer. From educating independent investment advisors on retirement plan management to helping families maximize their savings to educating businesses on global payment preferences, Mark has spent over a decade researching and educating audiences on complex financial topics. Mark has been a contributing author on blog articles and educational content for the Bank of Colorado, Pinnacle Bank, TD Ameritrade, First Data and Rapyd.

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