5978
Typewriter Stores – Sales, Service, and Rental
MCC 5978 encompasses businesses involved in the sales, service, and rental of typewriters and related equipment.
Interchange Fee
Interchange fees for transactions involving typewriter stores typically range from 1.5% to 3.2%, based on the card issuer and transaction volume.
Cashback Rewards
Depending on the credit card provider, purchases at typewriter stores may qualify for cashback rewards ranging from 1% to 5%, often as part of rotating rewards categories or promotional offers.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under MCC 5978.
Tax Reporting
Sales of typewriter-related goods and services may be subject to applicable sales taxes, depending on state and local laws. There is no specific tax applied to buyers by the IRS for this MCC.