MCC 3437 represents transactions conducted with CITE RENT-A-CAR.
Interchange Fee
The typical interchange fee for transactions under MCC 3437 ranges from 1.5% to 3.0%, depending on the card type and network used.
Cashback Rewards
Cashback rewards can vary based on the card issuer, typically ranging from 1% to 5% for auto rental-related expenses, depending on individual card programs.
Rules and Restrictions
There are no special rules or restrictions that payment processors impose on transactions under MCC 3437.
Tax Reporting
The IRS may require tax reporting based on the nature of the transaction, subject to individual and business tax regulations and circumstances.