Payment processors assign businesses a four-digit Merchant Category Code (MCC) to categorise them based on their offerings. These codes, defined by the ISO (International Organization for Standardization), are accepted globally by the majority of card-issuing organisations.
Merchant Category Code (MCC) 5949 is crucial for businesses selling sewing, needle, fabric, and piece goods. Understanding merchant category codes facilitates better transaction reporting and optimises business strategies.
MCC 5949 encompasses a broad range of crafting and sewing supply stores.
These include:
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