MCC 4119 pertains to services provided by ambulance companies, offering emergency and non-emergency transportation for medical purposes. These services are vital for patient care, ensuring rapid and reliable transportation during critical situations.
Interchange Fee
Interchange fees for MCC 4119 transactions typically range from 1.3% to 3% based on the card network, payment processor, and transaction type. Ambulance services may negotiate specific rates depending on transaction volume, type of services, and overall risk assessment.
Cashback Rewards
Cashback or rewards for payments made to ambulance services under MCC 4119 are generally limited, as many credit card issuers may not categorize these as typical spending categories eligible for rewards. However, healthcare-focused rewards programs may provide some benefits.
Rules and Restrictions
There are no special rules imposed by payment processors specifically for MCC 4119 transactions. Standard transaction rules for both card-present and card-absent payments apply as per card network policies.
Tax Reporting
In the United States, payments under MCC 4119 for ambulance services are generally treated as healthcare service payments. Depending on transaction value and circumstances, specific reporting obligations may exist, though buyers are typically not taxed directly for these services.