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**Merchant Category Code 5933: Pawn Shops**The Merchant Category Code 5933 is specifically assigned to businesses that operate as pawn shops. These establishments engage in the buying and selling of used or second-hand goods, often providing short-term loans to customers in exchange for collateral. Pawn shops typically offer a variety of items, including jewelry, electronics, and other personal belongings, making them a unique and specialized retail environment. Understanding the MCC 5933 is crucial for payment processors and financial institutions, as it helps in determining processing fees and assessing the associated risks. For businesses operating in this category, it is essential to be aware of the specific regulations and requirements tied to this MCC to ensure smooth transactions and compliance with industry standards.
The Merchant Category Code 5933 belongs to the Miscellaneous Wholesale Category.
The Merchant Category Code for Pawn Shops is 5933. It belongs to the Miscellaneous Wholesale category.