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The Merchant Category Code (MCC) 7261 is specifically designated for **Funeral Service and Crematories**. This code is used to categorize businesses that provide funeral services, including crematories, to help payment processors accurately classify and process transactions related to these services. Understanding MCC 7261 is crucial for businesses in this sector, as it aids in risk management, fraud prevention, and compliance with taxation and reporting requirements. It also helps payment processors assess the credit risk associated with these businesses, ensuring that transactions are properly identified and managed.