MCC 7210 covers services such as laundry, cleaning, and garment care offered by various establishments, including dry cleaning services and garment care specialists.
Interchange Fee
Typical interchange fees for MCC 7210 transactions range from 1.2% to 3.0% depending on card issuer policies, transaction size, and whether the card is present during the transaction.
Cashback Rewards
Some credit cards may offer cashback rewards for purchases made under MCC 7210, especially if categorized under essential services or home care expenses. Rates vary by card issuer.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions with MCC 7210. General transaction policies apply as per standard card issuer rules.
Tax Reporting
The IRS may require tax reporting for certain transactions made under MCC 7210, particularly if they are deemed business expenses. Buyers should consult a tax professional for more details.