MCC 5697 encompasses tailoring, alteration, and mending services for clothing and accessories.
Interchange Fee
Interchange fees typically range from 1.2% to 2.9% depending on card network agreements and other factors affecting transaction fees for this category.
Cashback Rewards
Rewards on transactions may range between 1% to 3%, with variations based on specific card programs and promotions.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions in this MCC category.
Tax Reporting
Transactions under this MCC may be subject to state and local sales taxes. IRS taxation of these transactions depends on the value and nature of services rendered.