MCC 7273 covers services related to dating, matchmaking, and escort offerings. This category includes online dating platforms, matchmaking agencies, and other similar services.
High Risk; Restricted
This MCC is considered high-risk for illegal activity due to the nature of dating and escort services, and is therefore restricted. Registration with the card network is required for merchants who provide these services. As a result, this MCC is blocked by many card issuers.
Interchange Fee
Interchange fees for transactions under MCC 7273 vary widely and can range from 2% to 4%, depending on card network agreements and other factors specific to the transaction.
Cashback Rewards
Some credit card issuers may offer limited or no cashback rewards for services under this MCC due to the nature of the services provided.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors specifically for MCC 7273 transactions. Standard transaction guidelines apply.
Tax Reporting
The IRS may require tax reporting for certain services under MCC 7273, depending on the nature of the transactions. Consulting with a tax professional for personalized guidance is recommended.