An MCC, or Merchant Category Code, is a four-digit number assigned by payment processors to classify a business according to the type of goods or services it provides. MCCs are defined by the International Organization for Standardization (ISO) and are universally recognised by most card issuers.
MCC 5122 specifically categorises companies within the drug and health services sectors. Understanding how MCCs impact your business is crucial for effective transaction classification.
MCC 5122 encompasses a variety of businesses that cater to the pharmaceutical and health sundry needs.
These include:
RAPYD SOLVES PAYMENTS—ONCE AND FOR ALL BUSINESSES
Get everything your business needs to accept payments worldwide from a global leader. From merchant accounts, card acquiring, and online payment gateway to payouts and multi-currency business accounts, Rapyd makes money move.
Work with a top-20 Visa acquirer trusted by 250,000+ businesses globally.
This website uses cookies.
Read More