MCC 5047 - Medical equipment

The Merchant Category Code (MCC) 5047 pertains to businesses that deal in medical equipment. This code is primarily used by enterprises engaged in the sale, rental, or lease of medical and surgical equipment and supplies. Establishments categorized under this MCC are crucial to the healthcare industry, facilitating the provision of essential tools and devices required for medical examination, diagnosis, and treatment.
Types of Services
- Medical Equipment Sales: Retailers and wholesalers provide apparatus ranging from small-scale medical tools to complex diagnostic machines.
- Leasing or Rental Services: Companies that offer equipment rentals for hospitals, clinics, and home care settings, often providing flexible terms to meet varying needs.
- Repair and Maintenance: Services that specialize in the upkeep and repair of medical equipment to ensure safety and functionality.
- Equipment Consultation and Training: Businesses offering expert advice or training on the usage of sophisticated medical equipment.
Related MCCs
- MCC 8062: Hospitals: Encompasses services provided by hospital facilities but does not cover equipment suppliers.
- MCC 5046: Commercial Equipment: Focused on office equipment suppliers, differing from the medical-specific focus of 5047.
- MCC 8011: Doctors, General Practitioners: Involves healthcare services provided by physicians rather than equipment sales or leasing.
FAQs
- What types of transactions are categorized under MCC 5047?
- Transactions include the sale, rental, or maintenance of medical and surgical equipment. - Can a pharmacy be classified under MCC 5047?
- No, pharmacies fall under MCC 5912 as they primarily deal with drugs and medicines rather than medical equipment. - Does this MCC apply to international transactions?
- Yes, MCC 5047 can be used for international transactions involving medical equipment, subject to country-specific regulations.
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