MCC 5072 includes businesses that supply hardware, industrial equipment, and related materials necessary for various construction and industrial activities.
Interchange Fee
Interchange fees for transactions under MCC 5072 typically range from 1.1% to 2.4%, varying based on the specific agreements and transaction volumes with card issuers.
Cashback Rewards
Cashback rates for purchases under MCC 5072 depend on individual cardholder agreements, with business-oriented cards occasionally offering 1-2% cashback for hardware and equipment purchases.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for MCC 5072 transactions.
Tax Reporting
Tax reporting for MCC 5072 transactions may require businesses to comply with applicable local and federal regulations. Buyers should consult tax advisors for specific guidance on their obligations.