MCC 5992 represents florists, including retail stores and services that sell floral arrangements, potted plants, and related products.
Interchange Fee
Interchange fees for transactions under MCC 5992 generally range between 1.7% to 3.5%, depending on the card issuer and type of transaction.
Cashback Rewards
Many credit cards may offer cashback on florist purchases, with rewards ranging from 1% to 5% depending on card issuer promotions and reward programs.
Rules and Restrictions
There are no special rules or restrictions imposed by payment processors for transactions under this MCC.
Tax Reporting
Purchases under MCC 5992 may be subject to applicable state and local sales taxes. The IRS does not apply a specific tax based on this MCC code classification for buyers.