8244
Business and Secretarial Schools
MCC 8244 refers to institutions offering training in business and secretarial studies, often including courses in office management and administrative support.
Interchange Fee
Interchange fees for transactions under this MCC typically range from 1.9% to 3.0%, based on the card type, issuer, and transaction volume.
Cashback Rewards
Some credit card programs may offer cashback rewards for payments under this MCC. The cashback percentage generally ranges from 0.5% to 2%, depending on the card program and issuer.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under MCC 8244.
Tax Reporting
Payments made under MCC 8244 may be eligible for educational tax deductions or credits. Consult with a tax professional for accurate filing information.