7534
Tire Retreading and Repair Shops
MCC 7534 pertains to businesses engaged in tire retreading, repairing, and related services to restore or enhance tires for various vehicles.
Interchange Fee
Typical interchange fees for transactions under MCC 7534 range from 1.0% to 2.75% depending on the card network and transaction type.
Cashback Rewards
Cashback rewards for tire retreading and repair services typically range from 0.5% to 2%, depending on the card issuer's reward program.
Rules and Restrictions
There are no special rules or restrictions for processing transactions under MCC 7534 beyond standard payment processor policies.
Tax Reporting
Tax obligations for services under MCC 7534 depend on applicable local and federal tax laws. Buyers should refer to IRS guidelines for specific tax implications.