MCC 5963 represents transactions from door-to-door sales, covering a range of personal selling activities directly at the customer's residence.
High Risk
This MCC is considered high-risk for chargebacks and disputes due to the nature of door-to-door sales transactions, which can involve direct interactions with customers at their residences. Customers may dispute charges if the products or services sold do not meet expectations or if there are issues with delivery or quality. However, this MCC is not typically blocked by card issuers.
Interchange Fee
Interchange fees for door-to-door sales transactions typically range from 2% to 3%, influenced by the card type (credit, debit, or prepaid) and specific card network provider.
Cashback Rewards
Cardholders may earn between 1% to 3% cashback on purchases from door-to-door sales, with rewards depending on the credit card issuer and their specific program terms.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for processing transactions under MCC 5963.
Tax Reporting
The IRS does not impose unique tax requirements on buyers specifically for MCC 5963. However, applicable state or local taxes may be collected based on regional laws governing door-to-door sales.