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**Merchant Category Code 5311: Department Stores**The Merchant Category Code 5311 is specifically designated for Department Stores, which offer a wide range of products under one roof. These stores typically feature various departments such as clothing, electronics, home goods, and more, catering to diverse consumer needs. This classification is crucial for payment processing and fraud prevention, as it helps financial institutions and payment service providers understand the nature of transactions and manage risks effectively. Businesses operating under MCC 5311 can leverage specialized payment solutions and risk management tools to ensure secure and efficient transactions.
The Merchant Category Code 5311 belongs to the Retail Outlet Services Category.
The Merchant Category Code for Department Stores is 5311. It belongs to the Retail Outlet Services category.