Payment Pricing is committed to bringing you the latest information on all your payment processing questions. Our aim is to save your business money, with every transaction.
The Merchant Category Code (MCC) 5945 is specifically designated for businesses that operate in the realm of game, toy, and hobby shops. This four-digit code is used by payment processing systems, including Visa, Mastercard, and American Express, to categorize transactions and facilitate accurate reporting, risk management, and compliance. For merchants in this category, understanding their MCC is crucial for optimizing payment processing, ensuring correct taxation, and enhancing customer transparency. When consumers review their credit card statements, the MCC 5945 helps identify the type of business associated with each transaction, providing clarity on the nature of the purchase.