MCC 5542 - Noire (2024)

FAQs

What is MCC category 5542? ›

Merchant category code for 5542

MCC 5542 is used for Automated Fuel Dispensers and other similar services. NOIRE can support eCommerce merchants with these requirements within this Merchant category code. NOIRE provides industry leading online payment processing services and risk management solutions.

Overview: Acquirers and their merchants are reminded to use Merchant Category Code (MCC) 5552 if they are offering electric vehicle charging services to customers. With technological improvements and a growing demand for sustainable energy, electric vehicles are becoming more widely used.

Merchant category code for 5541

MCC 5541 is used for Service Stations ( with or without ancillary services) and other similar services.

Similarly, many Costco fuel locations are listed as MCC 5542 — automated fuel dispensers — instead of MCC 5541 (like most traditional gas stations). Depending on your card, bonus category descriptions can void rewards on these purchases.

While the ISO may be in charge of defining the MCCs, it's the credit card networks who dictate which code will be assigned to a merchant.

Businesses cannot assign their own MCC codes but can request a specific MCC designation from their payments processor, which will be granted if the business fits the qualifications for that MCC designation.

Merchant category code for 5912

MCC 5912 is used for Drug Stores and Pharmacies and other similar services.

What is the MCC code 5499? ›

Establishments primarily engaged in the retail sale of specialized foods, not elsewhere classified, such as eggs, poultry, health foods, spices, herbs, coffee, and tea.

5962 (Direct Marketing – Travel-Related Arrangement Services);

Generally, Wal-Mart Supercenters are classified as MCC No. 5411, "Grocery stores/supermarkets/bakeries," while standard Wal-Marts (without groceries) are classified as 5310, "discount stores/warehouse/wholesale."

Therefore, effective 18 October 2019, Visa is creating MCC 5552— Electric Vehicle Charging for global use.

For example, Amazon is registered as a bookstore (MCC 5942) even though it sells a variety of other retail products, including electronics and gadgets and personal care.

An MCC is a four-digit number that classifies the type of goods or services a business offers. MCCs were originally developed for tax reporting purposes but are now a key piece of payments processing.

An MCC reflects the primary category in which a merchant does business and may be used: to determine the interchange fee paid by the merchant, with riskier lines of business paying higher fees. by credit card companies to offer cash back rewards or reward points for spending in specific categories.

How to find your business's MCC. You won't find your MCC code on any statements or bills. Instead, you'll need to call your payment processor and ask them what code is assigned to your business. They'll let you know what code is being used, and it might not always be obvious.