MCC 5262 - Marketplaces 
The Merchant Category Code (MCC) 5262, commonly known as "Marketplaces," is designated for online platforms that facilitate transactions between buyers and sellers. These businesses provide a virtual space for companies and individuals to sell products or services, covering various sectors. The primary purpose of this MCC is to categorize businesses that operate as intermediaries, connecting buyers to products or services rather than selling directly.
Types of Services
- E-commerce Platforms: Websites that allow multiple vendors to list and sell products digitally.
- Service Marketplaces: Platforms offering services such as freelance gigs, rental services, and travel experiences.
- Food Delivery and Ride-Sharing Apps: Applications that connect service providers with consumers for delivery and transportation services.
Related MCCs
- MCC 5735: Record Stores: Distinct from marketplaces, this code is used for stores selling pre-recorded music and films directly to consumers.
- MCC 5812: Eating Places and Restaurants: Represents establishments serving prepared food and beverages rather than functioning as a delivery marketplace.
- MCC 5311: Department Stores: Applies to large retail establishments selling a variety of goods directly to consumers, not through third-party vendors.
FAQs
- What is MCC 5262 used for?
- MCC 5262 is used to classify businesses that operate marketplace platforms connecting buyers with sellers. - Does MCC 5262 cover digital services?
- Yes, it includes digital service platforms like freelance job sites and apps connecting services like vacation rentals. - How does MCC 5262 differ from retail MCCs?
- Unlike direct retail MCCs, MCC 5262 identifies platforms that facilitate transactions between third-party sellers and buyers.
MCC Categories
Agricultural Services Airlines Business Services Car rent Cars and vehicles Clothing stores Contract services Entertainment services Government Services Hotels / Resorts Mail / Telephone Sales Membership оrganizations Miscellaneous Stores Not categorized Personal services Professional services Repair services Retail Outlet Services Service provider Transportation Services Utility Services Wholesale suppliers and manufacturers