MCC 5732 represents establishments engaged in the sale of electronics, including consumer devices such as televisions, computers, audio equipment, and more.
Interchange Fee
Interchange fees for this MCC typically range between 1.4% and 3%, depending on the card issuer, transaction type, and merchant agreement.
Cashback Rewards
Cashback rates vary based on card issuers and promotional offers, often ranging from 1% to 5% for purchases at electronics stores.
Rules and Restrictions
There are no special rules or restrictions established by payment processors for processing transactions related to this MCC.
Tax Reporting
Purchases under this MCC are typically subject to applicable state and local sales taxes. The IRS does not impose additional taxes specifically for buyers of electronic goods through this MCC.