MCC 5661 refers to retail stores that specialize in selling footwear for various purposes, including casual, athletic, and formal shoes.
Interchange Fee
Interchange fees for transactions under this MCC typically range from 1.5% to 3%, varying depending on the specific card issuer and merchant agreement.
Cashback Rewards
Cardholders may earn cashback rewards ranging from 1% to 5% on purchases, depending on their card's rewards program and promotions.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under this MCC.
Tax Reporting
Purchases under this MCC may be subject to local sales tax regulations. The IRS applies taxes based on applicable state and local laws.