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Merchant Category Code 5211: Lumber and Building Materials Stores
The Merchant Category Code 5211 is specifically designated for businesses that specialize in lumber and building materials. This code encompasses a wide range of establishments, including hardware stores, home improvement centers, and suppliers of construction materials. By using MCC 5211, businesses in this category can ensure accurate classification and processing of transactions, facilitating better risk management, fraud prevention, and compliance with industry regulations. This code is crucial for payment processors to assess the credit risk associated with these businesses and provide tailored services to meet their specific needs.