MCC 7512: Automobile Rental Agencies
MCC 7512 is the merchant category code for automobile rental agencies. Visa, Mastercard, Discover, and American Express assign it to businesses such as car rental agencies, and peer-to-peer car rental.
- Code
- 7512
- Category group
- Business Services
- Risk rating
- Standard risk
Which businesses use MCC 7512?
Acquiring banks assign MCC 7512 to merchants whose primary line of business is automobile rental agencies. Common examples include:
- Car rental agencies
- Peer-to-peer car rental
Is MCC 7512 considered high risk?
Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
How does MCC 7512 affect processing fees?
MCC 7512 determines which interchange category Visa and Mastercard apply to each transaction. Codes in the business services range share interchange programs, so two merchants with the same card mix but different MCCs can pay different wholesale rates.
Frequently asked questions
What does MCC 7512 mean?
MCC 7512 is the merchant category code for Automobile Rental Agencies. Card networks use it to classify transactions from businesses such as car rental agencies, and peer-to-peer car rental.
Is MCC 7512 high risk?
MCC 7512 is generally rated standard risk. Most acquirers approve this MCC with standard underwriting, no rolling reserve, and access to the lowest interchange categories.
Can a business change its MCC from 7512?
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 7512 does not describe the primary line of business.