Overview
MCC 4457 covers businesses renting and leasing boats, yachts, jet skis, and other watercraft for recreational and commercial purposes. This includes hourly rentals, day charters, and longer-term leases.
Transaction Profile
Mid to high value, seasonal frequency, advance bookings common for charters, card-not-present for reservations, card-present for walk-up rentals
Card Network Notes
Standard interchange applies. Advance payment and deposit handling should follow card network best practices for future delivery merchants.
Risk & Compliance
Medium risk. Seasonal demand patterns and higher transaction values for luxury charters create moderate exposure. Damage deposit disputes and weather-related cancellations are the primary chargeback drivers.