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The Merchant Category Code (MCC) 4112 is specifically designated for **Passenger Railways**. This code categorizes businesses that operate passenger rail services, including commuter trains and other forms of public transportation that carry passengers. The MCC 4112 is used by credit card issuers to classify transactions related to these services, which can impact the calculation of credit card rewards, tax reporting, and the fees merchants must pay for accepting payments. Understanding the MCC 4112 is crucial for businesses in the transportation industry, as it helps in managing financial transactions and compliance with regulatory requirements.
The Merchant Category Code 4112 belongs to the Transportation Category.
The Merchant Category Code for Passenger Railways is 4112. It belongs to the Transportation category.