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The Merchant Category Code (MCC) 5172 is specifically designated for businesses engaged in the sale and distribution of petroleum and petroleum products. This includes fuel stations, gas stations, and any other establishments that provide gasoline, diesel, and other petroleum-based fuels to consumers. These businesses play a crucial role in the transportation and energy sectors, making them essential for daily operations and economic activity. By using MCC 5172, payment processors and financial institutions can accurately categorize transactions related to these businesses, ensuring efficient processing and compliance with industry standards.
The Merchant Category Code 5172 belongs to the Retail Outlet Services Category.
The Merchant Category Code for Petroleum and Petroleum Products is 5172. It belongs to the Retail Outlet Services category.