MCC 5399 encompasses a variety of general merchandise stores offering miscellaneous goods not otherwise classified under specific retail categories.
Interchange Fee
Interchange fees for purchases classified under MCC 5399 generally range from 1.0% to 2.6% depending on the payment network and card type (credit, debit, commercial).
Cashback Rewards
Purchases made at stores categorized under this MCC may offer 1-2% cashback rewards, depending on the cardholder’s rewards program. Special promotions may provide higher rates.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors specifically for MCC 5399 transactions.
Tax Reporting
The IRS does not impose specific tax obligations on buyers for purchases classified under MCC 5399 beyond applicable state and local sales taxes.