MCC 5814 refers to establishments primarily engaged in the sale of ready-to-eat food and beverages for immediate consumption.
Interchange Fee
Interchange fees for MCC 5814 transactions typically range from 1.4% to 2.7%, depending on the card network, type of card, and transaction type (debit vs. credit).
Cashback Rewards
Cashback rewards for fast food purchases vary based on the card issuer and may range from 1% to 5% for dining and food-related spending categories.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under this MCC.
Tax Reporting
Transactions under MCC 5814 are typically subject to state and local sales taxes where applicable. No unique federal IRS taxes are specifically applied to buyers for these transactions.