MCC 5811 pertains to caterers who provide food services for events, businesses, and private gatherings, offering a wide range of culinary options and services.
Interchange Fee
Interchange fees for MCC 5811 transactions generally range from 1.5% to 3.0%, depending on the card network and issuer. Rates may vary for premium and business cards.
Cashback Rewards
Cashback offers for purchases under MCC 5811 can range between 1% and 4%, based on specific credit card promotions and reward structures.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under this MCC.
Tax Reporting
Purchases made under MCC 5811 are subject to applicable sales tax. There are no additional IRS-specific taxes imposed on the buyer for this category.