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.
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