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The Merchant Category Code (MCC) 7012 is specifically designated for businesses involved in timeshares, including timeshare rentals, leases, and sales. This code is used by payment brands to classify and categorize merchants based on their business activities, providing a high-level description of the goods or services sold by the merchant. Merchants operating under MCC 7012 are subject to specific guidelines and regulations, particularly regarding risk monitoring and registration requirements, which can impact their ability to establish and maintain merchant accounts.