MCC 5813 encompasses establishments that primarily serve alcoholic beverages, including bars, taverns, nightclubs, cocktail lounges, and discotheques.
Interchange Fee
Interchange fees for MCC 5813 transactions typically range from 1.3% to 3%, depending on the card network and the type of card used (e.g., business, standard, or premium).
Cashback Rewards
Cashback rewards for purchases under MCC 5813 vary by card issuer but may include rewards ranging from 1% to 4% for dining and entertainment-related categories.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under this MCC.
Tax Reporting
Transactions under MCC 5813 may be subject to local and state alcohol taxes, where applicable. There are no unique federal IRS taxes applied specifically to buyers for these purchases.