MCC 5655 represents retail stores specializing in sports and riding apparel, including gear and accessories for athletic and recreational activities.
Interchange Fee
Interchange fees for this MCC typically range between 1.5% and 3%, varying based on the card issuer and specific merchant agreements.
Cashback Rewards
Cardholders may receive cashback rewards ranging from 1% to 3% for purchases at merchants categorized under this MCC, depending on their card's reward program.
Rules and Restrictions
There are no special rules or restrictions for processing transactions under this MCC by payment processors.
Tax Reporting
Tax reporting for purchases under this MCC follows local sales tax regulations. The IRS may apply taxes depending on the location and transaction specifics.