5734
Computer Software Stores (Includes SaaS and Cloud Computing)
MCC 5734 covers businesses involved in the sale of computer software, including SaaS products, cloud services, and traditional software packages.
Interchange Fee
Interchange fees for transactions under MCC 5734 typically range between 1.5% and 3%, with the exact rate varying based on the issuing bank and card network agreements.
Cashback Rewards
Cashback rewards for software purchases can range from 1% to 5%, depending on the specific card program and promotions offered by the issuing bank.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for handling transactions under this MCC.
Tax Reporting
Purchases under this MCC may be subject to applicable state and local sales taxes. The IRS does not have additional taxes specifically applied to this category of purchase.