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The Merchant Category Code (MCC) 4457 is specifically designated for businesses involved in boat leases and rentals. This code categorizes entities that offer temporary or long-term leasing of boats, providing a standardized identifier for payment processing and risk assessment purposes. It helps credit card companies, merchant account providers, and financial institutions understand the nature of transactions related to boat rentals, facilitating more accurate data analysis and streamlined payment processing systems. Businesses operating under MCC 4457 can leverage this classification to optimize their financial services and ensure compliance with industry standards.