MCC 4582 covers businesses and entities operating airports, flying fields, and airport terminals. This classification includes services and operations related to passenger flights, cargo handling, and airport infrastructure management.
Interchange Fee
Interchange fees for MCC 4582 transactions typically range from 1.2% to 3.8%, depending on the payment processor and transaction nature. High-value transactions involving airport services may attract specific fee agreements due to their unique profile.
Cashback Rewards
Certain credit cards may offer cashback or rewards for purchases and transactions made within airports and terminals. Travel-related reward cards often provide incentives for spending in such locations, subject to the card issuer's terms.
Rules and Restrictions
There are no special rules imposed by payment processors specifically for MCC 4582 transactions. Standard card-present and card-absent transaction guidelines apply as defined by card networks and payment processors.
Tax Reporting
In the United States, payments made under MCC 4582 are typically classified as services related to transportation and airport operations. While service providers may have IRS reporting obligations, buyers are generally not subject to direct taxation for these services.