MCC 8031 represents transactions with osteopathic doctors and services specializing in manipulative treatment and holistic healthcare.
Interchange Fee
Interchange fees for MCC 8031 range from 1.5% to 3.2% based on card type and network. Healthcare services may negotiate rates, leading to variations in fees.
Cashback Rewards
Cashback offerings vary, with some issuers providing rewards on healthcare-related expenses under MCC 8031. Confirm specifics with each card issuer.
Rules and Restrictions
No specific rules apply to transactions under MCC 8031 from payment processors.
Tax Reporting
The IRS generally does not apply direct taxes to osteopathic services. However, osteopathic expenses may qualify as deductible medical expenses. Consult a tax advisor for more details.