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Merchant Category Code 7699: Repair Shops and Related Services
Merchant Category Code 7699 is specifically designated for businesses that offer repair services and related activities. This code encompasses a wide range of repair shops, including those that specialize in automotive, electronic, appliance, and furniture repairs. It also covers services like welding, clock and jewelry repair, and other miscellaneous repair services not classified under more specific categories. Understanding and utilizing MCC 7699 is crucial for businesses in the repair industry, as it helps payment processors accurately categorize transactions, manage risk, and ensure compliance with industry standards.