MCC 5122 encompasses transactions related to the sale of pharmaceutical and drug products, including medical accessories. These merchants are not typically registered as pharmacies.
High Risk; Restricted
This MCC is considered high-risk due to the nature of the products involved, which can include controlled substances and other pharmaceuticals. Merchants operating under this MCC may face additional scrutiny and are required to comply with stringent regulations. As a result, transactions under this MCC may be subject to higher fees and restrictions by card issuers.
Interchange Fee
Interchange fees for MCC 5122 typically range from 1.8% to 2.9%, subject to variations based on the card issuer's terms and agreements.
Cashback Rewards
Cashback rewards for purchases under this MCC can range from 1% to 3%, depending on the credit card reward program and promotions.
Rules and Restrictions
There are no special rules imposed by payment processors for transactions under MCC 5122. Standard transaction rules apply.
Tax Reporting
Purchases under MCC 5122 may require tax reporting depending on transaction size and applicable local or federal regulations. Buyers should consult a tax advisor for details.