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.
The Merchant Category Code (MCC) 3410 is specifically designated for car rental services. This four-digit code is used by payment processing systems to classify businesses that offer vehicle rentals, helping to determine fees, risk assessments, and fraud protection levels. Car rental companies with an MCC of 3410 are categorized as high-risk merchants due to the potential for fraud and chargebacks, particularly in card-not-present transactions. This classification aids in the management of interchange rates and chargeback protection, ensuring that transactions are handled efficiently and securely.