MCC 5045 covers sales of computers, peripherals, and software products, ranging from hardware components to software packages, both physical and digital.
Interchange Fee
Interchange fees for transactions categorized under MCC 5045 generally range from 1.5% to 3%, depending on the card issuer and network involved.
Cashback Rewards
Certain card programs may offer up to 2% cashback rewards for purchases classified under this MCC, though availability and terms vary by card issuer.
Rules and Restrictions
There are no special rules or restrictions specific to MCC 5045 that payment processors enforce. Standard transaction processing guidelines apply.
Tax Reporting
Tax reporting for transactions under MCC 5045 may depend on the nature of the purchase and the buyer's classification. The IRS may require reporting if these items qualify as business-related expenses.