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 5211 is specifically assigned to lumber and building materials businesses. Understanding MCCs is crucial for your business operations. It ensures accurate processing and classification of your transactions, which can directly benefit your financial management and customer services.
MCC 5211 encompasses a range of businesses specifically catering to construction and building needs.
These include:
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