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) 5996 is specifically designated for businesses engaged in the sales, service, and supplies of swimming pools. This code categorizes transactions related to the installation, maintenance, and equipment provision for swimming pools, helping payment processors and financial institutions accurately classify and process these transactions for taxation, reporting, and compliance purposes. Understanding MCC 5996 is crucial for businesses in the pool industry to ensure they are correctly identified and assessed for credit risk, thereby facilitating informed financial decisions and efficient payment processing.