NAICS Code 423420-18 - Credit Card/Credit Plns Eqpt Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423420-18
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NAICS Code 423420-18 Description (8-Digit)

The Credit Card/Credit Plans Equipment Supplies (Wholesale) industry involves the wholesale distribution of equipment and supplies related to credit card and credit plans. This includes the distribution of point-of-sale terminals, card readers, printers, and other equipment used in credit card transactions. The industry also includes the distribution of supplies such as paper rolls, ink cartridges, and other consumables used in credit card transactions. Companies in this industry typically sell their products to retailers, financial institutions, and other businesses that accept credit card payments.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423420 page

Tools

Tools commonly used in the Credit Card/Credit Plns Eqpt Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Point-of-sale terminals
  • Card readers
  • Printers for receipts and invoices
  • PIN pads
  • Mobile payment devices
  • EMV chip card readers
  • Contactless payment devices
  • Payment gateway software
  • Fraud detection software
  • Inventory management software

Industry Examples of Credit Card/Credit Plns Eqpt Supplies (Wholesale)

Common products and services typical of NAICS Code 423420-18, illustrating the main business activities and contributions to the market.

  • Point-of-sale equipment suppliers
  • Credit card terminal distributors
  • Payment processing equipment wholesalers
  • Card reader suppliers
  • Printer and paper roll distributors
  • Payment gateway providers
  • Fraud detection software vendors
  • Mobile payment device wholesalers
  • EMV chip card reader distributors
  • Contactless payment device suppliers

History

A concise historical narrative of NAICS Code 423420-18 covering global milestones and recent developments within the United States.

  • The Credit Card/Credit Plans Equipment Supplies (Wholesale) industry has been around since the 1950s when the first credit card was introduced. The industry has since grown to become an essential part of the financial sector, providing equipment and supplies to businesses that accept credit card payments. In recent years, the industry has seen significant advancements in technology, with the introduction of mobile payment systems and contactless payment options. In the United States, the industry has also been impacted by changes in regulations, such as the introduction of the Durbin Amendment in 2010, which capped debit card interchange fees. This has led to increased competition among payment processors and a shift towards alternative payment methods.