7221
Photographic Studios
MCC 7221 applies to services rendered by photographic studios, including portrait photography, commercial photography, and related services.
Interchange Fee
Interchange fees for transactions under MCC 7221 typically range between 1.5% and 2.5%, depending on the card issuer and other transaction conditions.
Cashback Rewards
Some credit card issuers offer cashback rewards for services under MCC 7221, with rates varying based on the specific credit card program.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for MCC 7221. Standard transaction processing policies apply.
Tax Reporting
Tax implications may apply to MCC 7221 transactions, especially if used for commercial purposes. Buyers are advised to check IRS guidelines or consult a tax professional.