5085
Industrial Supplies (Not Elsewhere Classified)
MCC 5085 encompasses transactions for various industrial supplies not classified elsewhere, catering to commercial and manufacturing needs.
Interchange Fee
Interchange fees for MCC 5085 typically range from 1.3% to 2.8%, depending on the card network and specific terms between the merchant and issuer.
Cashback Rewards
Cashback for MCC 5085 purchases may vary based on the card issuer and program. Business cards may offer rewards ranging from 0.5% to 2% on qualifying purchases.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions categorized under MCC 5085.
Tax Reporting
The IRS may apply specific tax rules for transactions involving MCC 5085. Buyers should consult a tax advisor for reporting obligations related to industrial supply purchases.