Overview
MCC 5262 covers marketplace platforms that connect buyers with multiple third-party sellers, facilitating transactions across a wide range of product categories. This includes major e-commerce marketplaces, peer-to-peer selling platforms, and managed marketplace models where the platform acts as the merchant of record. The code distinguishes marketplace operators from traditional single-merchant retailers.
Transaction Profile
Variable value, high frequency, predominantly card-not-present, multi-seller split payments, cross-border transactions common
Card Network Notes
Visa and Mastercard have specific marketplace and payment facilitator rules governing MCC 5262. Enhanced due diligence requirements apply for marketplace operators. Scheme rules require clear identification of the marketplace as merchant of record.
Risk & Compliance
Medium risk. Marketplaces face elevated chargeback rates due to the multi-seller model, varying product quality, shipping disputes, and counterfeit goods concerns. Payment facilitator and marketplace regulations (PSD2, scheme rules) require robust onboarding and monitoring of sub-merchants. Acquirers must ensure marketplace operators maintain adequate buyer protection policies and seller vetting procedures.