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The Merchant Category Code (MCC) 3422 is specifically designated for "Car Rental Agencies." This code categorizes businesses that provide car rental services, including both short-term and long-term rentals. Car rental agencies under this MCC include companies that offer a variety of vehicles for lease, often with additional services like insurance, GPS navigation, and roadside assistance. This classification helps payment processors and financial institutions to accurately categorize transactions and apply relevant fees, interchange rates, and fraud protection measures, ensuring smooth and secure financial operations for both the business and its customers.