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**Merchant Category Code 7512: Car Rental Companies**The Merchant Category Code 7512 is specifically designated for Car Rental Companies, encompassing various services related to vehicle rental, including but not limited to, daily rentals, long-term leases, and other similar services. This code helps payment processors accurately categorize transactions, facilitating risk management, fraud prevention, and compliance with taxation and reporting requirements. Understanding MCC 7512 is crucial for businesses in the car rental industry to ensure seamless payment processing and effective business operations.
The Merchant Category Code 7512 belongs to the Business Services Category.
The Merchant Category Code for Car Rental Agencies is 7512. It belongs to the Business Services category.