MCC 5271 pertains to businesses primarily engaged in selling mobile homes, either for residential or commercial purposes.
Interchange Fee
Interchange fees for transactions under this MCC typically range from 1.5% to 3.5%, depending on the type of card used (credit, debit, commercial, etc.) and agreements with payment processors.
Cashback Rewards
Cardholders may earn cashback ranging from 1% to 5% on purchases, depending on the card issuer's rewards structure, category bonuses, and promotional offers related to large-scale purchases.
Rules and Restrictions
There are no special rules or restrictions that payment processors impose on transactions falling under MCC 5271. Standard protocols and industry regulations apply.
Tax Reporting
The IRS may apply tax liabilities on purchases of mobile homes, particularly for business or commercial use. Purchasers should consult tax advisors for specific reporting requirements.