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MCC 5661 - Shoes

mcc 5661

The Merchant Category Code (MCC) 5661 is designated for businesses primarily engaged in retailing shoes, including a variety of footwear products suitable for different needs and occasions. This code captures an array of businesses, from standalone shoe stores to sections within larger department stores dedicated specifically to footwear. It ensures that transactions related to shoe sales are correctly categorized for reporting and processing, simplifying financial tracking for both merchants and banks.

Category: Clothing stores

Types of Services

  • Retail Shoe Stores: Shops dedicated entirely to the sale of footwear, offering a range of brands and styles.
  • Department Store Shoe Sections: Specific areas within larger retail establishments focusing on footwear.
  • Footwear Boutiques: Specialty stores that may offer high-end or designer shoes, often with a focus on particular types like formal wear, sports, or fashion trends.
  • Online Shoe Retailers: E-commerce platforms that specialize in selling shoes directly to consumers via the internet.

Related MCCs

  • MCC 5611: Men's and Boys' Clothing and Accessories Stores: While primarily focused on clothing, stores under this category may also sell shoes as part of their accessory line.
  • MCC 5621: Women's Ready-To-Wear Stores: Similar to MCC 5611, these stores might offer women's footwear alongside their main clothing lines.
  • MCC 5651: Family Clothing Stores: These stores offer apparel for the whole family, including footwear but not exclusive to it.

FAQs

  • What types of transactions fall under MCC 5661?
    - Transactions related to the purchase of shoes and footwear products are categorized under MCC 5661.
  • Can online shoe sales be classified under MCC 5661?
    - Yes, online transactions for the purchase of shoes can be classified under this MCC, as it covers both physical and digital sales environments.
  • Why is it important to correctly categorize transactions with MCC 5661?
    - Proper categorization ensures accurate reporting, compliance with financial regulations, and facilitates better business analytics for merchants and banks.

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