MCC 5983 - Fuel 
The Merchant Category Code (MCC) 5983 specifically caters to businesses dealing in Fuel. Its primary purpose is to classify businesses involved in the sale and distribution of fuel, such as gasoline and diesel. Typically, this category includes operations like fuel stations, oil companies, and utility providers that supply fuel for various vehicles and equipment.
Types of Services
- Fuel Stations: Businesses that sell gasoline, diesel, and other types of fuel for cars, trucks, motorcycles, and other vehicles.
- Wholesale Fuel Distributors: Suppliers who provide bulk fuel to businesses, such as transportation companies, construction firms, and other industries reliant on fuel.
- Energy and Utility Providers: Companies that deliver heating oil or other fuels for residential and commercial heating needs.
Related MCCs
- MCC 5541: Service Stations: Primarily includes fuel stations with additional services like car washing facilities and minor vehicle repairs.
- MCC 5542: Automated Fuel Dispensers: Used to categorize transactions at self-service fuel pumps or automated fueling stations.
FAQs
- What types of transactions are commonly categorized under MCC 5983?
- Transactions primarily involving the sale of gasoline, diesel, and other fuels. - Can electric car charging stations use MCC 5983?
- No, MCC 5983 is specific to traditional fuel sources such as gasoline and diesel; electric charging stations typically use different MCCs. - Why is it important to understand MCC 5983?
- Knowing this code helps businesses in the fuel industry correctly categorize transactions, aiding in accurate reporting and compliance.
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