MCC 5976 covers transactions for orthopedic and prosthetic goods, including sales and fittings.
Interchange Fee
Interchange fees for purchases at orthopedic goods stores generally range from 1.3% to 3.5%, depending on the card issuer and transaction size. Specialized or custom items may incur specific fees.
Cashback Rewards
Some credit card issuers may offer 1% to 2% cashback for purchases at orthopedic and prosthetic goods stores, although this is subject to the specific reward program of each issuer.
Rules and Restrictions
There are no special rules or restrictions for processing transactions under MCC 5976 as specified by payment processors.
Tax Reporting
The IRS may consider purchases of certain orthopedic goods as tax-deductible medical expenses. Sales tax may apply based on regional regulations and specific product classifications.