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**Merchant Category Code 5912: Drug Stores and Pharmacies**The Merchant Category Code (MCC) 5912 is specifically designated for drug stores and pharmacies. This four-digit code is used by credit card companies to categorize businesses that sell pharmaceuticals, over-the-counter medications, and other related health products. MCC 5912 is crucial for payment processing and interchange fee determination, as it helps payment processors and issuers to classify transactions accurately. Additionally, this code is essential for tax reporting purposes, ensuring that businesses in this category comply with IRS regulations. Understanding and correctly assigning MCC 5912 can significantly impact a business's financial operations and risk profile, making it a vital component of merchant account management.
The Merchant Category Code 5912 belongs to the Miscellaneous Wholesale Category.
The Merchant Category Code for Drug Stores and Pharmacies is 5912. It belongs to the Miscellaneous Wholesale category.