MCC 7911 is used for transactions involving dance halls, dance studios, and dance schools. These establishments offer dance lessons, practice sessions, and related activities.
Interchange Fee
Typical interchange fees for transactions under MCC 7911 range from 1.50% to 2.90%, depending on the card issuer and other transaction factors.
Cashback Rewards
Certain cards may offer 1% to 2% cashback on purchases made at dance studios and schools, depending on promotional offers from the card issuer.
Rules and Restrictions
There are no specific rules or restrictions for payment processing related to MCC 7911 beyond standard compliance requirements.
Tax Reporting
Transactions under MCC 7911 may be subject to local and state sales taxes. There are no special IRS tax reporting requirements for buyers under this MCC.