MCC 4225 covers businesses providing public warehousing and storage services for farm products, refrigerated goods, household goods, and other storage needs. These facilities ensure secure and temperature-controlled storage for various goods.
Interchange Fee
Interchange fees for MCC 4225 transactions typically range from 1.5% to 3.5%, depending on the payment processor, transaction volume, and perceived risk. Public warehousing businesses may negotiate specific rates based on transaction types and volumes.
Cashback Rewards
Certain credit cards may offer cashback or rewards for payments made to public warehousing services. These rewards may be categorized under logistics or business-related spending, depending on the card issuer's terms and conditions.
Rules and Restrictions
There are no special rules imposed by payment processors specifically for MCC 4225 transactions. General rules for card-present and card-absent transactions apply, as outlined by the card network's policies and processor agreements.
Tax Reporting
In the United States, payments made under MCC 4225 for warehousing and storage services are generally treated as service payments. Depending on the transaction value, specific reporting obligations may exist for service providers. Buyers are typically not taxed directly for these services.