Payment Pricing is committed to bringing you the latest information on all your payment processing questions. Our aim is to save your business money, with every transaction.
**Merchant Category Code 5813: Drinking Places (Alcoholic Beverages)**The Merchant Category Code 5813 is specifically designated for businesses that operate drinking places, including bars, taverns, cocktail lounges, nightclubs, and discotheques. These establishments provide a variety of alcoholic beverages and often feature entertainment such as live music or dancing. This MCC classification is crucial for payment processing, as it helps credit card companies and payment processors identify the type of business and apply the appropriate interchange rates, which can impact the fees associated with transactions. Businesses falling under this category must adhere to specific regulations and guidelines set by payment processors to ensure smooth and secure transactions.