MCC 5818 encompasses various categories of digital goods sold through online marketplaces or platforms offering multi-category digital content, such as applications, media, and services.
Interchange Fee
The typical interchange fee for transactions under MCC 5818 ranges from 1.5% to 3.2%, depending on the card network and the type of digital good purchased. Higher-end purchases or premium subscriptions may attract marginally higher fees.
Cashback Rewards
Many card issuers offer between 1% and 4% cashback on digital goods purchases categorized under this MCC. Special promotional offers may increase these rates for limited times or for specific retailers.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions categorized under MCC 5818.
Tax Reporting
Digital goods under this MCC may be subject to state and local sales taxes, depending on the buyer's jurisdiction. The IRS does not impose unique taxes on buyers for multi-category digital goods.