MCC 8743 - Testing laboratories 
The Merchant Category Code (MCC) 8743 is designated for Testing Laboratories. This code primarily covers businesses that provide testing and analytical services across various scientific and industrial sectors. These labs play a critical role in ensuring product safety, quality, and compliance with industry standards.
Types of Services
- Pharmaceutical Testing: Labs that test medications for efficacy, safety, and compliance with regulatory standards.
- Environmental Testing: Facilities that analyze soil, water, and air samples to ensure environmental safety and compliance with local regulations.
- Food Safety Testing: Laboratories that inspect food and beverage products for contaminants and ensure compliance with health standards.
- Materials Testing: Labs assessing the durability and integrity of materials used in construction, manufacturing, and other industries.
- Biological and Chemical Research: Institutions conducting research and analysis on biological and chemical substances.
Related MCCs
- MCC 8734: Testing Laboratories (not explicitly differentiated): Similar to 8743 but often used interchangeably based on processing systems or specific service nuances.
- MCC 7399: Business Services, Not Elsewhere Classified: For general business services that do not specifically focus on testing but might include some analytical work.
- MCC 5411: Grocery Stores, Supermarkets: While focusing on retail, such businesses might partner with testing labs for food safety certifications.
FAQs
- What is the primary purpose of MCC 8743?
- MCC 8743 is used to categorize transactions from testing laboratories that provide analytical and testing services across various sectors. - Do testing laboratories perform clinical testing?
- While some labs might conduct clinical tests, this MCC is more aligned with broad analytical services rather than clinical or medical diagnostics, which could fall under different categories. - Does this MCC apply to in-house testing services of manufacturing companies?
- No, MCC 8743 typically covers independent testing entities. In-house testing would be part of the manufacturing process and not designated under this code.
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