MCC 5943 includes transactions made at stores primarily selling stationery, office supplies, and school-related products.
Interchange Fee
Interchange fees for purchases at stationery, office, and school supply stores typically range from 1.2% to 2.9%, depending on the card type and issuer agreement terms.
Cashback Rewards
Cashback offers may vary, with some cards providing up to 5% cashback on purchases at office supply stores, subject to card-specific reward structures.
Rules and Restrictions
There are no specific rules or restrictions imposed by payment processors for transactions classified under MCC 5943.
Tax Reporting
The IRS does not specifically apply taxes on purchases under this MCC; however, applicable sales tax may vary based on local laws and regulations.