MCC 7531 - Auto repair 
Merchant Category Code 7531 is designated for businesses in the automotive repair industry. This code is primarily used by establishments that offer maintenance, repair, and servicing of motor vehicles. The businesses classified under this code are crucial in providing services that keep vehicles functional and safe, serving a broad base of customers from individual car owners to fleet operators.
Types of Services
- Mechanical Repairs: Includes engine repairs, brake fixes, and transmission services.
- Routine Maintenance: Oil changes, tire rotations, and scheduled inspections.
- Electrical Services: Diagnostics and repair of vehicle electrical systems.
- Bodywork and Painting: Services restore and repaint vehicle bodies post-collision or aging.
Related MCCs
- MCC 5541: Service Stations: Primarily focused on fuel sales but may provide limited auto repair services.
- MCC 7538: Tire Retreading and Repair Shops: Specializes in tire servicing including retreading and repair.
- MCC 7542: Car Washes: Focused on cleaning services rather than repair or maintenance.
FAQs
- What types of businesses are categorized under MCC 7531?
- Businesses focused on vehicle repair and maintenance, including both independent and franchised operations. - Are car dealerships classified under MCC 7531?
- No, car dealerships typically fall under MCC codes related to sales, though their service departments might operate under this or similar repair-related codes. - Why is the correct MCC important for a business?
- Proper MCC classification helps in accurate transaction categorization, affects fee structures, and is crucial for compliance and reporting.
MCC Categories
Agricultural Services Airlines Business Services Car rent Cars and vehicles Clothing stores Contract services Entertainment services Government Services Hotels / Resorts Mail / Telephone Sales Membership оrganizations Miscellaneous Stores Not categorized Personal services Professional services Repair services Retail Outlet Services Service provider Transportation Services Utility Services Wholesale suppliers and manufacturers