MCC 5945 covers establishments primarily engaged in the sale of hobby supplies, toys, and games.
Interchange Fee
Interchange fees for transactions at hobby, toy, and game shops typically range from 1.5% to 3.0%, based on card type and issuer terms.
Cashback Rewards
Cashback rewards for purchases at hobby, toy, and game shops vary by card issuer, often ranging up to 3-5% for applicable reward programs.
Rules and Restrictions
There are no specific rules or restrictions imposed by payment processors for transactions under MCC 5945.
Tax Reporting
The IRS does not specifically apply taxes on transactions under this MCC; however, sales tax may be applicable based on state and local regulations.