MCC 7012: Timeshares
MCC 7012 is the merchant category code for timeshares. Visa, Mastercard, Discover, and American Express assign it to businesses such as timeshare sellers, and vacation ownership.
- Code
- 7012
- Category group
- Miscellaneous Stores
- Risk rating
- High risk
Which businesses use MCC 7012?
Acquiring banks assign MCC 7012 to merchants whose primary line of business is timeshares. Common examples include:
- Timeshare sellers
- Vacation ownership
Is MCC 7012 considered high risk?
Card networks and most mainstream processors classify this MCC as high risk. Approval usually requires a specialist acquirer, a rolling reserve, and chargeback monitoring.
How does MCC 7012 affect processing fees?
MCC 7012 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the miscellaneous stores range share interchange programs, so two merchants with the same card mix but different MCCs can pay different wholesale rates.
Payment processing for MCC 7012 merchants
Niche Payments runs a dedicated hotel payment processing program for businesses classified under MCC 7012. Pre-authorizations, incidentals, and PMS-integrated payments.
- Pre-auth and incremental authorization for stays
- PMS and booking engine integrations
- Multi-currency acceptance for international guests
Frequently asked questions
What does MCC 7012 mean?
MCC 7012 is the merchant category code for Timeshares. Card networks use it to classify transactions from businesses such as timeshare sellers, and vacation ownership.
Is MCC 7012 high risk?
MCC 7012 is generally rated high risk. Card networks and most mainstream processors classify this MCC as high risk. Approval usually requires a specialist acquirer, a rolling reserve, and chargeback monitoring.
Can a business change its MCC from 7012?
A business can request a different MCC through its acquiring bank. The acquirer reviews what the business actually sells and reassigns the code only if 7012 does not describe the primary line of business.