Overview
MCC 5551 covers boat dealers selling new and pre-owned motorboats, sailboats, yachts, jet skis, and personal watercraft along with marine accessories and after-sales services.
Transaction Profile
Very high value, low frequency, deposits by card with financing for balance, seasonal peaks in spring, delivery timelines for new vessels
Card Network Notes
Standard interchange applies. High-value transaction monitoring recommended.
Risk & Compliance
Medium risk due to high transaction values and potential for condition disputes on pre-owned vessels. Seasonal sales patterns and financing arrangements are common. Delivery timelines for new builds create future delivery exposure.