MCC 5311 - Department stores 
MCC 5311, designated for Department Stores, is used primarily to classify large retail establishments that offer a wide range of products under one roof. These businesses often feature multiple segments such as clothing, electronics, home goods, health and beauty products, and more. The versatility and convenience of department stores make them a staple in the retail sector.
Types of Services
- Retail Operations: Department stores primarily function as retail hubs, providing customers with an array of consumer goods.
- Product Variety: They offer diverse product categories such as apparel, cosmetics, electronics, furniture, and kitchenware.
- Customer Services: Many offer additional services like personal shopper assistance, product customization, and gift wrapping.
Related MCCs
- MCC 5331: Variety Stores: Covers stores offering a limited range of general merchandise at lower prices, such as dollar stores.
- MCC 5411: Grocery Stores and Supermarkets: Primarily deals with food products, often having a limited range of non-food items.
- MCC 5611: Men's and Boys' Clothing Stores: Focuses specifically on apparel and accessories for males, differing from the broader scope of department stores.
FAQs
- What transactions typically fall under this MCC?
- Transactions involving purchase of consumer goods like clothing, household items, electronics, and more. - Is purchasing gift cards from department stores categorized under this MCC?
- Yes, buying gift cards at department stores is typically categorized under MCC 5311. - How do department stores benefit from this categorization?
- It provides clear identification for payment processors, potentially aiding in transaction categorization and customer spend analysis.
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