MCC 7922 is designated for transactions related to theatrical producers (excluding motion pictures) and ticket agencies. This category includes services for performances, shows, and related ticket sales.
High Risk
This MCC is considered high-risk for chargebacks and disputes due to issues with ticket scalping, which is typically associated with fraud. However, this MCC is not typically blocked by card issuers.
Interchange Fee
Interchange fees for MCC 7922 typically range from 1.75% to 3.10%, varying based on the card issuer and transaction characteristics.
Cashback Rewards
Some credit cards may offer cashback of 1% to 2% on purchases made at theatrical production venues or ticket agencies. Specific rewards depend on card terms.
Rules and Restrictions
There are no special rules or restrictions for processing payments under MCC 7922 beyond the general compliance rules for merchant categories.
Tax Reporting
Transactions under MCC 7922 may be subject to applicable local and state taxes. Buyers do not have any specific IRS reporting obligations under this MCC.