7394
Equipment, Tool, Furniture, and Appliance Rental and Leasing
MCC 7394 covers services related to the rental and leasing of equipment, tools, furniture, and appliances for commercial or personal use.
Interchange Fee
Interchange fees for MCC 7394 generally range between 1.7% and 3%, varying based on the card network and transaction amount.
Cashback Rewards
Cashback offers for transactions under MCC 7394 typically range from 0.5% to 1.5%, depending on card issuer programs and promotional offers.
Rules and Restrictions
There are no special rules or restrictions for processing transactions under MCC 7394. Standard payment processing guidelines apply.
Tax Reporting
Transactions under MCC 7394 may be subject to IRS reporting depending on the rental or lease agreement and applicable tax regulations for such services.