What is Merchant Category Code 5131: Piece Goods, Notions, and Other Dry Goods

Understanding MCC 5131: Piece Goods, Notions, and Other Dry Goods

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.

MCC 5131 encompasses businesses that sell fabrics, sewing supplies, and dry goods. Understanding merchant category codes helps improve financial reporting.

Businesses Under MCC 5131

Merchant Category Code (MCC) 5131 identifies businesses dealing primarily with piece goods, notions, and a variety of dry goods.

Examples Include:

Fabric Stores: Retailers specialising in the sale of fabrics.
Notions Shops: Vendors offering sewing supplies like threads, buttons, and zippers.
Craft Supply Outlets: Stores featuring various dry goods essential for crafting.

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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.