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5511Low RiskGeneral Retail

Car and truck dealers (new and used) sales, service, repairs, parts, and leasing

Merchant classification for Car and truck dealers (new and used) sales, service, repairs, parts, and leasing.

Interchange Group

General Commerce

Chargeback Threshold

1.0% (Visa/MC)

Underwriter Note

Standard card-present or standard cart parameters.

Mitigation Strategy

Issue receipts promptly and clearly process refunds within 3 days.

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