MCC 8043 encompasses transactions related to opticians, optical goods, and eyeglasses, including retail sales of prescription glasses, contact lenses, and accessories for vision care.
Interchange Fee
The typical interchange fee for MCC 8043 ranges from 1.3% to 3.0%, depending on the card issuer and the type of card (debit, credit, or rewards cards).
Cashback Rewards
Many credit cards offer cashback or rewards on healthcare and retail purchases, including optician and optical goods purchases under MCC 8043. Check your card’s specific terms for more details.
Rules and Restrictions
There are no special rules or restrictions that major payment processors impose specifically for MCC 8043 transactions.
Tax Reporting
Purchases related to MCC 8043 may be eligible as deductible medical expenses for IRS reporting purposes. This depends on individual circumstances and IRS guidelines on medical expense deductions.