7699
Miscellaneous Repair Shops and Related Services
MCC 7699 covers a broad range of repair services, from small appliance repairs to specialized and custom repairs for various types of equipment.
Interchange Fee
Interchange fees for transactions under MCC 7699 typically range from 1.5% to 3.5%, depending on card networks and merchant agreements.
Cashback Rewards
Rewards programs may offer 1% to 2% cashback for purchases made under this category, depending on the credit card provider's policies.
Rules and Restrictions
There are no special rules or restrictions for processing transactions under MCC 7699. Standard processing guidelines for repair services apply.
Tax Reporting
The IRS may require reporting for services under MCC 7699 depending on the nature of the transaction. Buyers should consult relevant tax guidelines.