7538
Automotive Service Shops (Non-Dealer)
MCC 7538 pertains to businesses specializing in automotive service and repairs, excluding dealership services.
Interchange Fee
Typical interchange fees for transactions under MCC 7538 can range from 1.2% to 3.2%, depending on the card issuer and payment network policies.
Cashback Rewards
Cashback rewards may vary, typically ranging between 0.5% and 2% for purchases at automotive service shops, based on individual card programs.
Rules and Restrictions
There are no specific rules or restrictions for processing transactions under MCC 7538 beyond the usual policies enforced by payment processors.
Tax Reporting
Tax obligations for services under MCC 7538 depend on applicable federal and state tax regulations. Buyers should consult the IRS guidelines for details on potential tax liabilities.