What is Merchant Category Code 5521: Automobile and Truck Dealers (Used Only)

Understanding MCC 5521: Automobile and Truck Dealers (Used Only)

Payment processors assign a four-digit Merchant Category Code (MCC) to classify a business by its goods or services. These codes, established by the ISO (International Organization for Standardization), are universally accepted by the majority of card-issuing organisations.

MCC 5521 identifies transactions specifically for businesses that focus on selling used cars and trucks. Understanding merchant category codes facilitates better transaction reporting and optimises business strategies.

Types of Businesses Under MCC 5521

MCC 5521 is the code assigned to businesses predominantly operating in the market of used automobiles, including dealerships offering a selection of pre-owned vehicles.

These businesses include: 

• Used Car Dealers: Establishments specialising in the sale of pre-owned cars.
• Used Truck Dealers: Outlets providing an array of used truck options.

Effective use of MCC such as MCC 5521 not only improves categorisation but streamlines payment processes, ensuring a seamless transaction experience for both sellers and buyers in the used vehicle market.

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