Merchant Category Codes (MCCs) are four-digit numbers that classify businesses according to their main goods or services. Credit card companies and banks utilise these codes to set interchange fees and track transaction types.
Merchant Category Code (MCC) 5945 is assigned to businesses primarily engaged in the retail of hobbies, toys, and games. This unique identifier is crucial for processing transactions correctly and offers insights into spending habits. Understanding merchant category codes facilitates better transaction reporting and optimises business strategies.
Businesses under 5945 include:
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