Understanding MCC 5122: Drugs, Drug Proprietors, and Druggist’s Sundries
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.
MCC 5122 specifically categorises companies within the drug and health services sectors. Understanding how MCCs impact your business is crucial for effective transaction classification.
What Types of Businesses Fall Under MCC 5122?
MCC 5122 encompasses a variety of businesses that cater to the pharmaceutical and health sundry needs.
These include:
- Pharmaceutical Distributors: Entities supplying a wide range of medication for various health needs.
- Drug Proprietors: Business owners who oversee the distribution of drugs and related products.
- Health Sundries Dealers: Providers of miscellaneous health-related items such as supplements and hygiene products.
Empower Your Business with Simplified Payments
RAPYD SOLVES PAYMENTS—ONCE AND FOR ALL BUSINESSES
Get everything your business needs to accept payments worldwide from a global leader. From merchant accounts, card acquiring, and online payment gateway to payouts and multi-currency business accounts, Rapyd makes money move.
- Accept Visa, Mastercard, and hundreds of alternative payment methods
- Boost authorisation rates with a direct, local card acquirer
- Send instant payouts worldwide
- Create virtual IBAN accounts
Work with a top-20 Visa acquirer trusted by 250,000+ businesses globally.
Subscribe Via Email
Click here for Rapyd’s Privacy Policy for more details.
Thank You!
You’ve Been Subscribed.