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.
Merchant Category Code (MCC) 5978 pertains to transactions involving typewriter stores, whether they are selling, renting, or servicing these machines. Understanding merchant category codes helps ensure proper financial reporting and compliance.
MCC 5978 specifically identifies businesses engaged in various aspects related to typewriters.
These include:
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