MCC 5932 encompasses businesses involved in selling, repairing, and restoring antique items.
Interchange Fee
Typical interchange fees for transactions under MCC 5932 range from 1.5% to 3.0%, depending on the card issuer, transaction type (credit, debit), and other factors.
Cashback Rewards
Cashback offers for purchases made at antique shops vary but typically range from 1% to 4%, depending on the credit card provider's reward programs and promotional offers.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under MCC 5932.
Tax Reporting
Purchases under MCC 5932 may be subject to applicable state and local sales taxes. The IRS does not typically impose direct taxes on buyers unless explicitly mandated by specific conditions.