MCC-Codes.com Canada

MCC 5699 - Accessories

mcc 5699

MCC 5699, titled "Accessories," is designated for businesses primarily engaged in selling specialty apparel accessories. These items complement clothing, offering customers the ability to enhance their outfits with an array of secondary items. The primary purpose of this MCC is to classify enterprises dealing predominantly with apparel sundries, ensuring proper transaction processing and reporting.

Category: Clothing stores

Types of Services

  • Fashion Retail: This MCC is prevalent in the fashion retail sector where businesses focus on the sale of non-essential yet popular items like hats, scarves, belts, and so on.
  • Online Boutiques: E-commerce platforms specializing in accessories also fall under this MCC. These include niche markets offering unique or handcrafted items.
  • Wholesale Distributors: Entities distributing accessories to retailers, focusing on style rather than clothing necessities.

Related MCCs

  • MCC 5651: Family Clothing Stores: Focuses on apparel as opposed to just accessories, suitable for stores offering clothing for all family members.
  • MCC 5944: Jewelry Stores: This code covers businesses specializing in precious metal and gemstone jewelry, differing from generic accessory stores.
  • MCC 5661: Shoe Stores: Directed at businesses primarily selling footwear rather than diverse accessories.

FAQs

  • What types of transactions usually get categorized under MCC 5699?
    - Purchases involving fashion accessories like belts, gloves, handbags, wallets, and more.
  • Can a store sell both apparel and accessories under this MCC?
    - While MCC 5699 is specifically for accessories, if the accessory sales dominate, this code is appropriate; otherwise, a broader MCC might be better.
  • Is this MCC applicable to online accessory retailers?
    - Yes, MCC 5699 applies to both brick-and-mortar and online stores predominantly selling accessories.

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