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.
**Merchant Category Code 4121: Taxis and Limousines**The Merchant Category Code 4121 is specifically designated for businesses operating in the taxi and limousine industry. This four-digit code serves as a standardized identifier, helping payment processors and financial institutions accurately classify and manage transactions related to these services. By using MCC 4121, taxi companies and limousine services can ensure that their transactions are properly categorized for accounting purposes, facilitating swift recognition by customers and reducing the risk of fraud. This code also influences interchange fees, with different categories of businesses having varying rates based on their risk levels and transaction types.
The Merchant Category Code 4121 belongs to the Transportation Category.
The Merchant Category Code for Taxicabs/Limousines is 4121. It belongs to the Transportation category.